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The latest announcement is out from Shoucheng Holdings Ltd. ( (HK:0697) ).
Shoucheng Holdings Limited has announced that its early-stage investor, CTF Services Limited, has successfully proposed the issuance of approximately HK$2.2 billion in exchangeable bonds. This move is expected to enhance cash flow returns, aligning with Shoucheng Holdings’ mission to create comprehensive value for shareholders. The company remains committed to maintaining an entrepreneurial spirit and delivering sustainable long-term returns, inviting continued investor support for its growth.
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: 116,948,331
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.93B
Find detailed analytics on 0697 stock on TipRanks’ Stock Analysis page.