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China Overseas Nuoxin International Holdings Limited ( (HK:0464) ) has provided an update.
China In-Tech Limited, a company incorporated in the Cayman Islands, has announced the issuance of new shares under a general mandate. On November 6, 2025, the company entered into 27 subscription agreements with independent subscribers to issue 117,088,000 new shares at HK$0.9 per share, representing approximately 18.32% of the existing share capital. The transaction is expected to raise gross proceeds of approximately HK$105.4 million, which will be used for business development, debt repayment, and general working capital. The completion of the subscription is subject to certain conditions, and the company advises caution to shareholders and potential investors.
The most recent analyst rating on (HK:0464) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Overseas Nuoxin International Holdings Limited stock, see the HK:0464 Stock Forecast page.
More about China Overseas Nuoxin International Holdings Limited
Average Trading Volume: 8,471,141
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$664.7M
For an in-depth examination of 0464 stock, go to TipRanks’ Overview page.