tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lerado Financial Group Gains HK$1.6 Million from Disposal of China 33 Media Shares

Story Highlights
Lerado Financial Group Gains HK$1.6 Million from Disposal of China 33 Media Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Lerado Financial Group Co. Ltd. ( (HK:1225) ) is now available.

Lerado Financial Group Co. Ltd. announced the disposal of 5,143,437 shares of China 33 Media, valued at approximately HK$3.2 million, resulting in a gain of HK$1.6 million. This transaction, which does not require shareholder approval, is intended to enhance the company’s cash flow and will be used as general working capital.

More about Lerado Financial Group Co. Ltd.

YTD Price Performance: -23.12%

Average Trading Volume: 187,860

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$28.79M

See more data about 1225 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1