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Enterprise Development Holdings Limited ( (HK:1808) ) has provided an update.
Enterprise Development Holdings Limited announced the disposal of Meta and TEM shares by its wholly-owned subsidiary, EDHK, during early 2025. The Meta shares were sold at an average price of USD685.03, totaling approximately USD4.8 million, while TEM shares were sold at an average price of USD65.13, totaling approximately USD4 million. These disposals are classified as discloseable transactions under the Hong Kong Stock Exchange Listing Rules, indicating a significant shift in the company’s investment strategy, potentially impacting its market positioning and stakeholder interests.
More about Enterprise Development Holdings Limited
Enterprise Development Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the investment and management of securities. The company focuses on strategic disposals and acquisitions to optimize its portfolio and enhance shareholder value.
Average Trading Volume: 28,565
Technical Sentiment Signal: Buy
Current Market Cap: HK$906.1M
See more insights into 1808 stock on TipRanks’ Stock Analysis page.