SEHK:6181Luxury
Laopu Gold (SEHK:6181): Assessing Valuation Following Major Equity Offering and Capital Restructuring
Laopu Gold (SEHK:6181) just raised about HKD 2.72 billion through a follow-on equity offering. At the same time, the company amended its Articles of Association to update its registered and total share capital. These moves reshape its capital base.
See our latest analysis for Laopu Gold.
Laopu Gold’s completion of the follow-on equity offering drew plenty of market attention, with the share price jumping 5.16% in one day. While the short-term momentum has been a bit choppy, the year-to-date...