iDreamSky Completes New Share Issuance to Boost Business Development
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iDreamSky Technology Holdings Limited has completed the issuance of 236,216,583 new shares at HKD1.098 each to support its business development and enhance market positioning. This move involves strategic shareholders and results in a change in the company's shareholding structure. The current analyst rating for iDreamSky (HK:1119) is a Hold with a price target of HK$1.50. The company focuses on high-tech industries and has a market cap of HK$2.12B.
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