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Zoomlion Heavy Industry Science & Technology Co ( (HK:1157) ) has provided an update.
Zoomlion Heavy Industry Science & Technology Co., Ltd. has entered into a Placing Agency Agreement to issue convertible bonds, with the aim of facilitating at least six independent placees to subscribe for these bonds. This strategic move is expected to enhance the company’s financial flexibility and potentially strengthen its market position by attracting new investors, thereby impacting its operations and stakeholder interests positively.
The most recent analyst rating on (HK:1157) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on Zoomlion Heavy Industry Science & Technology Co stock, see the HK:1157 Stock Forecast page.
More about Zoomlion Heavy Industry Science & Technology Co
Zoomlion Heavy Industry Science & Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the manufacturing of heavy machinery and equipment. The company focuses on providing innovative solutions and products for the construction and agricultural industries.
Average Trading Volume: 9,447,796
Technical Sentiment Signal: Buy
Current Market Cap: HK$72.29B
See more data about 1157 stock on TipRanks’ Stock Analysis page.