Asian Citrus Holdings Disposes NVIDIA Shares in Strategic Move

Asian Citrus Holdings ( (HK:0073) ) has provided an announcement.

Asian Citrus Holdings Limited has announced the disposal of 800 NVIDIA shares, generating a total consideration of approximately US$145,000. This transaction, combined with a previous disposal, constitutes a discloseable transaction under the Hong Kong Listing Rules, as it surpasses certain percentage thresholds. The sale is expected to result in an unaudited gain of approximately US$19,000 for the company, reflecting a strategic move to optimize its investment portfolio.

The most recent analyst rating on (HK:0073) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Asian Citrus Holdings stock, see the HK:0073 Stock Forecast page.

More about Asian Citrus Holdings

Asian Citrus Holdings Limited is primarily involved in the planting, cultivation, and sales of agricultural produce in the PRC market. The company also engages in the distribution of fruits, air conditioners, and consumables.

Average Trading Volume: 13,750

Technical Sentiment Signal: Sell

Current Market Cap: HK$29.8M

For detailed information about 0073 stock, go to TipRanks’ Stock Analysis page.