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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) just unveiled an update.
Shanghai REFIRE Group Ltd. has received approval from the China Securities Regulatory Commission (CSRC) for the registration and issuance of domestic shares to a specific subscriber. This approval, valid for 12 months, allows the company to proceed with its planned share issuance under the specific mandate approved at its extraordinary general meeting, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (HK:2570) stock is a Hold with a HK$142.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the financial sector. The company focuses on the issuance of domestic shares under specific mandates, catering to specific subscribers as part of its market operations.
Average Trading Volume: 211,545
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$15.11B
For an in-depth examination of 2570 stock, go to TipRanks’ Overview page.