SEHK:866Oil and Gas
A Look At China Qinfa Group (SEHK:866) Valuation After Its Recent Follow On Equity Offering
China Qinfa Group (SEHK:866) has completed a follow on equity offering and raised HK$315.9 million through a subsequent direct listing of 90,000,000 new ordinary shares at HK$3.51 each, expanding its share capital base.
See our latest analysis for China Qinfa Group.
At a share price of HK$3.94, China Qinfa Group has seen a 10.67% one-month share price return and a roughly 18x one-year total shareholder return, with momentum building over the past quarter as investors react to the capital...