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Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) just unveiled an update.
USPACE Technology Group Limited has completed a subscription agreement to issue 100,000,000 new shares, increasing its total share capital to 604,074,000 shares. The net proceeds of approximately HK$64.5 million will be primarily used for general working capital and operating expenses for its aerospace business, with full utilization expected by the end of 2025.
The most recent analyst rating on (HK:1725) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hong Kong Aerospace Technology Group Limited stock, see the HK:1725 Stock Forecast page.
More about Hong Kong Aerospace Technology Group Limited
Average Trading Volume: 6,315,292
Technical Sentiment Signal: Hold
Current Market Cap: HK$589.8M
See more data about 1725 stock on TipRanks’ Stock Analysis page.