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The latest update is out from Yunfeng Financial Group Limited ( (HK:0376) ).
Yunfeng Financial Group Limited has successfully completed the placement of 191.3 million existing shares and the subscription of new shares, raising approximately HK$1.15 billion in net proceeds. The funds will be used primarily for system upgrades and talent recruitment to support the launch of virtual asset trading services, with the remainder allocated for general working capital.
The most recent analyst rating on (HK:0376) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Yunfeng Financial Group Limited stock, see the HK:0376 Stock Forecast page.
More about Yunfeng Financial Group Limited
Yunfeng Financial Group Limited is a financial services company incorporated in Hong Kong, focusing on providing a range of financial solutions, including virtual asset trading and investment management services.
Average Trading Volume: 56,684,687
Technical Sentiment Signal: Buy
Current Market Cap: HK$23.67B
For an in-depth examination of 0376 stock, go to TipRanks’ Overview page.