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51 Credit Card Inc. Completes Strategic Share Disposal in China Netcom

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51 Credit Card Inc. Completes Strategic Share Disposal in China Netcom

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An update from 51 Credit Card Inc. ( (HK:2051) ) is now available.

51 Credit Card Inc. has announced the completion of a significant transaction involving the disposal of its shares in China Netcom. This transaction, which involved the transfer of approximately 29% of China Netcom’s total issued share capital to Purchaser A, marks the company’s exit from any direct or indirect interest in China Netcom. The completion of this transaction signifies a strategic shift for 51 Credit Card Inc., potentially impacting its market positioning and operational focus.

More about 51 Credit Card Inc.

Average Trading Volume: 2,524,649

Technical Sentiment Signal: Buy

Current Market Cap: HK$635.7M

For an in-depth examination of 2051 stock, go to TipRanks’ Overview page.

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