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An announcement from Coolpad Group ( (HK:2369) ) is now available.
Coolpad Group Limited, through its wholly-owned subsidiary Digital Tech, has executed a discloseable transaction by selling 305,000 shares of CLSK, a bitcoin mining company, on the open market. The sale, which generated approximately US$4.95 million, represents a strategic move under the company’s Disposal Mandate, allowing for the sale of up to 1,625,000 CLSK shares, and reflects the company’s ongoing efforts to manage its investment portfolio.
The most recent analyst rating on (HK:2369) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Coolpad Group stock, see the HK:2369 Stock Forecast page.
More about Coolpad Group
YTD Price Performance: -47.48%
Average Trading Volume: 2,020,999
Technical Sentiment Signal: Sell
Current Market Cap: HK$483M
See more data about 2369 stock on TipRanks’ Stock Analysis page.