CHINA RUYI Places Shrs at ~4.5% Discount to Raise ~HKD3.9B Net
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2025
0mins
Source: aastocks
Share Allotment Announcement: China Ruyi plans to issue 1.3 billion new shares at HKD3 each, representing approximately 7.51% of its enlarged issued share capital, with a discount to the previous closing price.
Use of Proceeds: The company aims to raise around HKD3.895 billion, allocating 20% for business growth, 60% for strategic investments and acquisitions, and 20% for general working capital.
Analyst Views on 00136
Wall Street analysts forecast 00136 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00136 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: 2.340
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Current: 2.340
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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.
