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XiangXing International Updates 2024 Annual Report with Share Placing Details

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XiangXing International Updates 2024 Annual Report with Share Placing Details

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The latest update is out from XiangXing International Holding Limited ( (HK:1732) ).

XiangXing International Holding Limited announced a supplemental update to its 2024 Annual Report, detailing the completion of a share placing in June 2024. The company placed 80 million shares, raising HK$11.28 million, which was allocated primarily to support its building material supply chain operations and general working capital. This strategic move is expected to bolster the company’s market position and operational capabilities.

More about XiangXing International Holding Limited

XiangXing International Holding Limited is a company incorporated in the Cayman Islands, focusing on the building material supply chain operation. It is listed on the Stock Exchange of Hong Kong and engages in business development activities within its industry.

Average Trading Volume: 2,386,177

Technical Sentiment Signal: Buy

Current Market Cap: HK$258.6M

For detailed information about 1732 stock, go to TipRanks’ Stock Analysis page.

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