SEHK:3788Metals and Mining
A Look At China Hanking Holdings (SEHK:3788) Valuation After Leadership Changes And Follow On Equity Offering
China Hanking Holdings (SEHK:3788) has just combined a leadership shake up with fresh fundraising plans by appointing a new CEO and chairman, while filing a HK$782.8m follow on equity offering at HK$3.80 per share.
See our latest analysis for China Hanking Holdings.
The leadership overhaul and HK$782.8m follow on offering come after a sharp shift in market expectations, with a 30 day share price return of 33.24% and a very large 1 year total shareholder return. This suggests that momentum has...