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Zoomlion Heavy Industry Science & Technology Co ( (HK:1157) ) has provided an announcement.
Zoomlion Heavy Industry Science & Technology Co., Ltd. has announced a class meeting for holders of H shares to discuss the proposed issuance of convertible bonds worth up to RMB6 billion. This move is aimed at strengthening the company’s financial position and providing flexibility in its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
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, specializing in the manufacture of construction machinery and equipment. The company is focused on expanding its market presence through innovative solutions and strategic financial maneuvers.
Average Trading Volume: 9,447,796
Technical Sentiment Signal: Buy
Current Market Cap: HK$72.29B
For detailed information about 1157 stock, go to TipRanks’ Stock Analysis page.