Onewo, Inc. Class H (HK:2602) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Onewo Inc., a PRC-based joint stock company, has reported the utilization of approximately 40.5% of its net proceeds from its Global Offering, amounting to RMB2,274.3 million, with the remaining 59.5% (RMB3,342.9 million) yet to be allocated. This unutilized amount is intended for various development and expansion initiatives, including the Onewo Town model, residential property services, AIoT and BPaaS solutions, and talent acquisition. The funds utilized to date align with the company’s previously disclosed investment strategy in its prospectus.
For further insights into HK:2602 stock, check out TipRanks’ Stock Analysis page.