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An update from Fangdd Network Group ( (DUO) ) is now available.
Fangdd Network Group Ltd. has entered into a Share Subscription Agreement with Zx International Ltd, which is controlled by the company’s CEO, Mr. Xi Zeng. The agreement involves the issuance of 10,000 Class C ordinary shares at a price of $0.88 per share, aiming to enhance its capital base while relying on an exemption from U.S. Securities Act registration. This move is likely to impact the company’s operational strategy by strengthening its financial position and expanding its shareholder base.
More about Fangdd Network Group
Fangdd Network Group Ltd. is a company incorporated in the Cayman Islands. The company is involved in issuing Class C ordinary shares and operates within the financial market, focusing on share subscriptions and transactions.
YTD Price Performance: 27.76%
Average Trading Volume: 22,656,683
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on DUO stock on TipRanks’ Stock Analysis page.