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China Internet Investment Finance Holdings Ltd. Announces New Share Placement

Story Highlights
  • China Internet Investment Finance Holdings Ltd. plans to issue up to 33,936,000 new shares.
  • The share placement aims to raise HK$3.61 million for working capital and investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Internet Investment Finance Holdings Ltd. Announces New Share Placement

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China Internet Investment Finance Holdings Ltd. ( (HK:0810) ) has provided an update.

China Internet Investment Finance Holdings Ltd. has entered into a Placing Agreement with Kingston Securities Limited to issue up to 33,936,000 new shares at a price of HK$0.112 per share. This move aims to raise approximately HK$3.61 million in net proceeds, which will be used for general working capital and potential investments. The Placing is expected to strengthen the company’s financial position and broaden its shareholder base.

More about China Internet Investment Finance Holdings Ltd.

Average Trading Volume: 371,377

Technical Sentiment Signal: Sell

Current Market Cap: HK$23.76M

Find detailed analytics on 0810 stock on TipRanks’ Stock Analysis page.

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