Huanxi Media Shareholders Overwhelmingly Approve Capital-Raising Mandates

Tip Ranks
2026.01.08 10:08
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Huanxi Media Group Ltd. (HK:1003) announced that shareholders approved all resolutions at a special general meeting on January 8, 2026, with over 99.9% support. The approvals include agreements for share and warrant subscriptions, enabling the company to raise capital and enhance its financial flexibility. The latest analyst rating for Huanxi Media is a Hold, with a price target of HK$0.50. The company's current market cap is HK$1.19B.