tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shoucheng Holdings Completes $180 Million Convertible Bond Issuance

Story Highlights
Shoucheng Holdings Completes $180 Million Convertible Bond Issuance

Elevate Your Investing Strategy:

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

Shoucheng Holdings Ltd. has successfully completed the issuance of U.S.$180 million 0.75% convertible bonds due 2026. The bonds, which have been placed with independent investors, are expected to be listed on the Stock Exchange around 10 July 2025. The company plans to use the net proceeds of approximately U.S.$178 million for investing in key assets and general corporate purposes.

More about Shoucheng Holdings Ltd.

Average Trading Volume: 41,756,061

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$12.17B

See more insights into 0697 stock on 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