C.banner International Holdings Ltd. Enhances AI Capabilities with New Share Issuance
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C.banner International Holdings Ltd. (HK:1028) announced a plan to issue new shares and unlisted warrants to raise approximately HK$227 million. The funds will enhance AI capabilities, optimize supply chain management, improve sales and marketing efficiency, recruit AI talent, and cover general expenses. This strategic move aims to improve operational efficiency and market competitiveness. The current analyst rating for the stock is a Hold with a price target of HK$1.00. C.banner specializes in women's footwear retail and wholesale, focusing on AI technology to enhance operations.
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