Asian Citrus Holdings (HK:0073) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Asian Citrus Holdings Limited has strategically expanded its investment portfolio by acquiring 140,000 shares of CITIC at an average price of HKD21.61 per share, totaling approximately HKD3.026 million. This acquisition aligns with the company’s positive outlook on CITIC’s financial performance and potential for future growth, aiming to boost investment returns for the group. The transaction is classified as a discloseable transaction as per the Listing Rules, necessitating public disclosure and reporting.
For further insights into HK:0073 stock, check out TipRanks’ Stock Analysis page.