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Baijin Life Science Strengthens Financial Position with Bond Conversion

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Baijin Life Science Strengthens Financial Position with Bond Conversion

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Affluent Partners Holdings ( (HK:1466) ) has shared an announcement.

Baijin Life Science Holdings Limited has announced the conversion of a convertible bond worth HK$31,500,000 into shares, leading to a change in its shareholding structure. This conversion will result in the cancellation of the bond, reducing the company’s liabilities and strengthening its balance sheet, thereby enhancing its financial position and enabling better resource allocation for future business development.

The most recent analyst rating on (HK:1466) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Affluent Partners Holdings stock, see the HK:1466 Stock Forecast page.

More about Affluent Partners Holdings

Average Trading Volume: 417,002

Technical Sentiment Signal: Sell

Current Market Cap: HK$409.4M

See more data about 1466 stock on TipRanks’ Stock Analysis page.

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