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China Ruyi Holdings Announces Supplemental Agreement for New Share Issuance

Story Highlights
  • China Ruyi Holdings announces a supplemental agreement for new shares with Infini Global Master Fund.
  • The company is confident in its strong cash position to support short-term operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Ruyi Holdings Announces Supplemental Agreement for New Share Issuance

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China Ruyi Holdings Limited ( (HK:0136) ) has shared an update.

China Ruyi Holdings Limited has announced a supplemental agreement regarding the issuance of new shares under a General Mandate, involving Infini Global Master Fund, a reputable international multi-strategy fund. The company has applied for listing approval for the second tranche of subscription shares and is confident in its strong cash position to support its short-term operations, considering the subscription price satisfactory.

The most recent analyst rating on (HK:0136) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on China Ruyi Holdings Limited stock, see the HK:0136 Stock Forecast page.

More about China Ruyi Holdings Limited

Average Trading Volume: 96,145,104

Technical Sentiment Signal: Buy

Current Market Cap: HK$50.19B

Learn more about 0136 stock on TipRanks’ Stock Analysis page.

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