Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China International Development Corporation Limited ( (HK:0264) ) has issued an announcement.
China International Development Corporation Limited has entered into a Placing Agreement to issue up to 20 million new shares at HK$1.78 each, representing a discount to recent trading prices. This move is expected to raise approximately HK$34.7 million in net proceeds, which will potentially enhance the company’s financial position and market presence, although the completion of the Placing is subject to certain conditions.
More about China International Development Corporation Limited
YTD Price Performance: 28.21%
Average Trading Volume: 3,112,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$863.5M
Find detailed analytics on 0264 stock on TipRanks’ Stock Analysis page.