SEHK:136Entertainment
Assessing China Ruyi Holdings (SEHK:136) Valuation After Its HK$2.21b Follow-On Share Offering
China Ruyi Holdings (SEHK:136) just wrapped up a HK$2.21 billion follow on share sale via a subsequent direct listing, a material move that reshapes its capital base and raises fresh funds for expansion.
See our latest analysis for China Ruyi Holdings.
The follow on deal lands after a volatile stretch, with the latest HK$2.27 quote sitting below recent levels. The 90 day share price return of negative 21.72 percent contrasts with a still positive three year total shareholder return of 26.82...