Shougang Concord Century Holding Ltd. (HK:0103) has released an update.
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.
Shougang Century Holdings Limited’s recent rights issue was over-subscribed, receiving valid applications for approximately 108.49% of the available shares. The company successfully allocated the excess rights shares on a pro-rata basis among qualifying shareholders who applied for them. This indicates strong investor interest and confidence in Shougang’s financial prospects.
For further insights into HK:0103 stock, check out TipRanks’ Stock Analysis page.