Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Zhongshen Jianye Holding Limited ( (HK:2503) ) just unveiled an update.
Zhongshen Jianye Holding Limited has announced an extraordinary general meeting to discuss and potentially approve the acquisition of 100% of the issued shares in Huajian Development Limited. This acquisition involves a sale and purchase agreement with Huajian Investment Limited, Huajian Advisory Limited, and Huajian Technology Limited as sellers. The company also seeks approval for a specific mandate to issue up to 402,971,698 new ordinary shares as consideration for the acquisition, which could significantly impact its market positioning by expanding its operational capabilities.
The most recent analyst rating on (HK:2503) stock is a Hold with a HK$0.64 price target. To see the full list of analyst forecasts on Zhongshen Jianye Holding Limited stock, see the HK:2503 Stock Forecast page.
More about Zhongshen Jianye Holding Limited
Average Trading Volume: 8,193,901
Technical Sentiment Signal: Sell
Current Market Cap: HK$467M
For detailed information about 2503 stock, go to TipRanks’ Stock Analysis page.