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The latest update is out from iMotion Automotive Technology (Suzhou) Co., Ltd. Class H ( (HK:1274) ).
iMotion Automotive Technology (Suzhou) Co., Ltd. has successfully completed the placing of 15,495,000 new H shares, representing approximately 6.02% of the total shares, at a price of HK$15.22 per share. This move has altered the company’s shareholding structure, with Mr. SONG Yang and associated entities ceasing to be the controlling shareholders, as their collective holding decreased from 30.29% to 28.47%.
More about iMotion Automotive Technology (Suzhou) Co., Ltd. Class H
iMotion Automotive Technology (Suzhou) Co., Ltd. is a company incorporated in the People’s Republic of China, operating within the automotive technology sector. It is listed on the Stock Exchange of Hong Kong and focuses on the development and provision of automotive technology solutions.
Average Trading Volume: 7,824,605
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.11B
For a thorough assessment of 1274 stock, go to TipRanks’ Stock Analysis page.