tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Anjoy Foods Announces Updates on Proceed-Funded Projects

Story Highlights
Anjoy Foods Announces Updates on Proceed-Funded Projects

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Anjoy Foods Group Co., Ltd. Class H ( (HK:2648) ) has issued an update.

Anjoy Foods Group Co., Ltd. announced changes to its proceed-funded projects from a private placement of shares conducted in 2022, which raised over RMB5.6 billion. The company has made significant progress in several projects, including new production lines and expansion projects, although some projects are still in early stages. These developments are expected to enhance Anjoy Foods’ production capabilities and market presence in the quick-frozen food segment.

The most recent analyst rating on (HK:2648) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on Anjoy Foods Group Co., Ltd. Class H stock, see the HK:2648 Stock Forecast page.

More about Anjoy Foods Group Co., Ltd. Class H

Anjoy Foods Group Co., Ltd. is a joint stock company incorporated in China, primarily operating in the food industry. The company focuses on the production of quick-frozen foods and prepared dishes, with significant projects aimed at expanding its production capacity across various regions in China.

Average Trading Volume: 852,033

Current Market Cap: HK$22.21B

See more data about 2648 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1