GZITIC Hualing and Beijing Beida Jade rumored to raise capital by placement

It was rumored in the market that GZITIC Hualing Holdings (0382) and Beijing Beida Jade bird Universal Sci-tech (8095) intended to raise capital by placement while the China-funded stocks were favored. It was said GZITIC Hualing Holdings (0382) planned to place no more than 100 mln shares at HK$0.5 each involving less than HK$50 mln.

Related stock : (382)( 8095)