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China Conch Venture Executive Director Transfers Shares as Family Gift

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China Conch Venture Executive Director Transfers Shares as Family Gift

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The latest announcement is out from China Conch Venture Holdings ( (HK:0586) ).

China Conch Venture Holdings Limited, a company incorporated in the Cayman Islands, announced a voluntary transfer of shares by one of its executive directors, Mr. Wang Xuesen. Mr. Wang transferred 1,880,000 shares to his daughter as part of a family property distribution arrangement, retaining 317,918 shares. Despite this personal transaction, Mr. Wang remains confident in the company’s future business development and committed to its sustainable growth.

The most recent analyst rating on (HK:0586) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on China Conch Venture Holdings stock, see the HK:0586 Stock Forecast page.

More about China Conch Venture Holdings

Average Trading Volume: 8,555,140

Technical Sentiment Signal: Hold

Current Market Cap: HK$19.66B

See more insights into 0586 stock on TipRanks’ Stock Analysis page.

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