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Dunxin Financial Holdings Limited. - DXF STOCK NEWS

Welcome to our dedicated news page for Dunxin Financial Holdings Limited. (Ticker: DXF), a resource for investors and traders seeking the latest updates and insights on Dunxin Financial Holdings Limited..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dunxin Financial Holdings Limited.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dunxin Financial Holdings Limited.'s position in the market.

Rhea-AI Summary
Dunxin Financial Holdings Limited (NYSE American: DXF) announced a securities purchase agreement with institutional investors to purchase $1.09 million worth of its American Depositary Shares (ADS) in a registered direct offering. The Company will sell 1.09 million ADS at a price of $1.00 per ADS, with estimated gross proceeds of $1.09 million. The offering is expected to close soon.
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Dunxin Financial Holdings Limited plans to change the ratio of its American depositary shares (ADSs) from 1 ADS representing 48 ordinary shares to 1 ADS representing 480 ordinary shares. The change is expected to take place on July 25, 2023, and will result in an expected increase in the ADS price. Fractional new ADSs will not be issued, and the net cash proceeds from the sale of fractional ADS entitlements will be distributed to applicable ADS holders.
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Rhea-AI Summary
Dunxin Financial Holdings Limited, a microfinance lender in Hubei Province, China, announced the inclusion of a going concern emphasis of matter paragraph in its audited financial statements for the year ended December 31, 2022. This announcement is made in compliance with NYSE American Company Guide Section 610(b), but does not indicate any changes to the Company's consolidated financial statements or its Annual Report on Form 20-F for 2022.
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Dunxin Financial Holdings Limited.

NYSE:DXF

DXF Rankings

DXF Stock Data

1.16M
690.47M
33.84%
0.09%
Consumer Lending
Finance and Insurance
Link
China
Wuhan

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