Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from Shanghai Conant Optical Co. Ltd. Class H ( (HK:2276) ).
Shanghai Conant Optical Co., Ltd. has completed the placing of 53,325,000 new shares at a price of HK$15.86 each, raising gross proceeds of HK$845,734,500. The net proceeds of approximately HK$827,930,000 will be used for the company’s continued investment in its core focus of lenses and vision solutions for smart glasses and XR headsets, potentially enhancing its market positioning and stakeholder value.
More about Shanghai Conant Optical Co. Ltd. Class H
Shanghai Conant Optical Co., Ltd. is a joint stock company incorporated in China, operating in the optical industry. The company specializes in the research, development, design, and manufacturing of lenses and vision solutions, with a focus on smart glasses and XR headsets.
YTD Price Performance: 0.0%
Average Trading Volume: 1,617,850
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$10.62B
For an in-depth examination of 2276 stock, go to TipRanks’ Stock Analysis page.