tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NVC International Sells Significant ETIC Shares

Story Highlights
NVC International Sells Significant ETIC Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

NVC International Holdings Ltd. ( (HK:2222) ) just unveiled an update.

NVC International Holdings Ltd., through its wholly-owned subsidiary Zhuhai SSL, has disposed of a significant number of ETIC shares via block trade transactions on the Shenzhen Stock Exchange. The company sold 5,410,000 ETIC shares for approximately RMB13,092,200, following a previous disposal of 7,840,000 shares within the past year. This move reduces their holdings to 7,113,832 shares, representing about 0.4% of ETIC’s total issued shares. The disposals, conducted at a discount to the market price, are classified as a discloseable transaction under the Listing Rules, impacting the company’s financial asset management strategy.

The most recent analyst rating on (HK:2222) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on NVC International Holdings Ltd. stock, see the HK:2222 Stock Forecast page.

More about NVC International Holdings Ltd.

Average Trading Volume: 110,884

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$365.2M

See more data about 2222 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