tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shoucheng Holdings Announces Dividend and Bond Conversion Adjustments

Story Highlights
Shoucheng Holdings Announces Dividend and Bond Conversion Adjustments

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.

Shoucheng Holdings Ltd. ( (HK:0697) ) has provided an update.

Shoucheng Holdings Ltd. has announced adjustments to its second tranche special dividend per share and the conversion price of its $180 million convertible bonds due 2026. The special dividend has been adjusted to HK$0.0308 per share due to changes in the number of shares issued, while the conversion price of the bonds will be adjusted from HK$1.61 to HK$1.58, effective September 17, 2025. These adjustments reflect the company’s ongoing financial strategies and have implications for shareholders and bondholders.

The most recent analyst rating on (HK:0697) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.

More about Shoucheng Holdings Ltd.

Average Trading Volume: 97,096,065

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.12B

For detailed information about 0697 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1