Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has provided an update.
Shandong Gold Mining Co., Ltd. has announced plans for its subsidiary, Shanjin International, to issue H shares and seek a listing on the Hong Kong Stock Exchange. This move aims to enhance Shanjin International’s global strategic positioning, optimize its capital structure, and expand its financing channels. However, the issuance and listing are subject to various regulatory approvals, and there remains uncertainty regarding the completion of these processes.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$19.00 price target. To see the full list of analyst forecasts on Shandong Gold Mining Co., Ltd. Class H stock, see the HK:1787 Stock Forecast page.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a joint stock company incorporated in China, operating within the gold mining industry. The company focuses on mining and producing gold, leveraging its strategic positioning to expand its market presence both domestically and internationally.
Average Trading Volume: 12,247,242
Technical Sentiment Signal: Buy
Current Market Cap: HK$144B
Find detailed analytics on 1787 stock on TipRanks’ Stock Analysis page.