A-shr Company LEAD INTELLIGENT Obtains CSRC Approval for Hong Kong IPO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 13h ago
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Source: aastocks
CSRC Filing Notice: The China Securities Regulatory Commission (CSRC) has issued a notice regarding LEAD INTELLIGENT (300450.SZ) for its overseas offering and listing.
Share Issuance Plans: The company intends to issue approximately 200 million ordinary shares for overseas listing on the Hong Kong Stock Exchange (HKEX).
Stock Performance: LEAD INTELLIGENT's stock has seen an increase of 1.765%, with a current price of +1.040.
Short Selling Data: The short selling amount for LEAD INTELLIGENT is reported at $218.63 million, with a short selling ratio of 17.041%.
Analyst Views on 00388
Wall Street analysts forecast 00388 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00388 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 427.400
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Current: 427.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
