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Hang Sang (Siu Po) Clarifies Share Sale and Resumes Trading

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Hang Sang (Siu Po) Clarifies Share Sale and Resumes Trading

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Hang Sang (Siu Po) International Holding Co. Ltd. ( (HK:3626) ) has issued an update.

Hang Sang (Siu Po) International Holding Co. Ltd. announced a clarification regarding recent fluctuations in its share price and trading volume. The company’s controlling shareholder, Wade Investment SPC Ltd, sold approximately 13,976,000 shares to realize profits and improve share liquidity, while maintaining a majority stake. Trading was temporarily halted and has now resumed.

The most recent analyst rating on (HK:3626) stock is a Hold with a HK$9.50 price target. To see the full list of analyst forecasts on Hang Sang (Siu Po) International Holding Co. Ltd. stock, see the HK:3626 Stock Forecast page.

More about Hang Sang (Siu Po) International Holding Co. Ltd.

Hang Sang (Siu Po) International Holding Co. Ltd. is a company incorporated in the Cayman Islands, listed on the Hong Kong Stock Exchange. It is involved in the trading of shares and is primarily focused on managing its shareholding structure to optimize market performance.

Average Trading Volume: 429,968

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.53B

For detailed information about 3626 stock, go to TipRanks’ Stock Analysis page.

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