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Goldstream Bolsters Position in Meitu Shares
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Goldstream Bolsters Position in Meitu Shares

Goldstream Investment Limited (HK:1328) has released an update.

Goldstream Investment Limited has strategically increased its stake in Meitu, acquiring an additional 425,500 shares at a cost of around HK$1.3 million, which adds up to a total investment of approximately HK$35 million for 12,580,500 shares since March 2024. This latest purchase elevates the company’s ownership to about 0.28% of Meitu’s issued shares, funded entirely by Goldstream’s internal resources. These acquisitions reflect the company’s ongoing commitment to their Meitu Strategic Cooperation Agreement and expand their presence in the market.

For further insights into HK:1328 stock, check out TipRanks’ Stock Analysis page.

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