China Baoli Names Independent Investors in Share Subscription Clarification
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China Baoli Technologies Holdings Ltd. has clarified the identities of investors in its share subscription, which includes eleven individual investors and Senfield International Limited, a Hong Kong investment holding company. The board confirmed that all subscribers and their beneficial owners are independent and not connected parties. This announcement does not change the terms of the previous share subscription. The latest analyst rating for the stock (HK:0164) is a Sell with a price target of HK$0.39.
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