GCL Technology Completes HK$1.53 Billion Share Placement

GCL-Poly Energy Holdings ( (HK:3800) ) has issued an announcement.

GCL Technology Holdings Limited has successfully completed the placement of new shares under its issuance mandate, raising approximately HK$1.53 billion in net proceeds. The completion of this financial maneuver strengthens the company’s capital base, potentially enhancing its operational capacity and market competitiveness.

More about GCL-Poly Energy Holdings

GCL Technology Holdings Limited, incorporated in the Cayman Islands, operates in the energy sector, focusing on renewable energy solutions and technology. It is listed on the Hong Kong Stock Exchange under the stock code 3800.

YTD Price Performance: 3.85%

Average Trading Volume: 4,350

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $3.77B

For detailed information about 3800 stock, go to TipRanks’ Stock Analysis page.