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China Jicheng Holdings Limited ( (HK:1027) ) has shared an announcement.
China Jicheng Holdings Limited announced that its substantial shareholder, Jicheng Investment Limited, has sold 123,140,900 shares, representing approximately 29.85% of the company’s total issued shares, to Benefit Gateway Limited for approximately HK$74.6 million. This transaction results in Benefit Gateway Limited becoming a substantial shareholder, while Jicheng Investment Limited ceases to hold that status. The company expects no adverse effects on its operations from this share sale.
The most recent analyst rating on (HK:1027) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Jicheng Holdings Limited stock, see the HK:1027 Stock Forecast page.
More about China Jicheng Holdings Limited
Average Trading Volume: 187,584
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.21B
For a thorough assessment of 1027 stock, go to TipRanks’ Stock Analysis page.