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Wealthking Investments Limited ( (HK:1140) ) has provided an announcement.
Wealthking Investments Limited has successfully completed the subscription of new shares, raising approximately HK$261.40 million. The proceeds will be used to enhance the company’s investment portfolio, with a significant portion allocated to listed equity investments and funds, as well as unlisted equity investments and general working capital. This strategic move aims to broaden the company’s shareholder base and enable it to seize transient investment opportunities efficiently.
The most recent analyst rating on (HK:1140) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Wealthking Investments Limited stock, see the HK:1140 Stock Forecast page.
More about Wealthking Investments Limited
Wealthking Investments Limited operates as an investment company, focusing on core-holding-centered unlisted equity investments, fund investments, and listed equity investments. The company is positioned in the financial industry, leveraging its investment strategy to capitalize on fast-changing market sentiments.
Average Trading Volume: 19,682,967
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.11B
Find detailed analytics on 1140 stock on TipRanks’ Stock Analysis page.