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China Fortune Holdings Completes New Share Subscription

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China Fortune Holdings Completes New Share Subscription

China Fortune Holdings Limited ( (HK:0110) ) has provided an update.

China Fortune Holdings Limited has successfully completed the subscription of 16,000,000 new shares under a general mandate, which now account for approximately 6.3% of the company’s enlarged share capital. The net proceeds of around HK$4,120,000 from this subscription will be utilized as general working capital for the group, potentially impacting operational capabilities and financial flexibility.

More about China Fortune Holdings Limited

YTD Price Performance: -50.0%

Average Trading Volume: 3,967

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €5.86M

For detailed information about 0110 stock, go to TipRanks’ Stock Analysis page.

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