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Bison Finance Group Limited ( (HK:0888) ) has shared an announcement.
BlockFin Holdings Limited has announced a change in the joint and several receivers overseeing 680,508,005 charged ordinary shares, representing a 30% controlling stake in the company. The receivership has shifted from two partners at PricewaterhouseCoopers to new appointees at Deloitte Touche Tohmatsu and Deloitte Advisory (Hong Kong), effective 31 March 2026.
The company said it has not received further details from the new receivers regarding plans for the controlling stake but indicated it will update the market if the receivers begin actively seeking or negotiating with potential buyers. The move underscores ongoing uncertainty around the ownership of BlockFin’s controlling block, with potential implications for future changes in control and any related takeover activity under Hong Kong’s Listing Rules and Takeovers Code.
The most recent analyst rating on (HK:0888) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Bison Finance Group Limited stock, see the HK:0888 Stock Forecast page.
More about Bison Finance Group Limited
BlockFin Holdings Limited, incorporated in Bermuda and listed in Hong Kong under stock code 888, operates in the financial services and investment sector. The company’s shareholder base includes a controlling stake representing 30% of its issued share capital, and its governance is overseen by a board comprising executive, non-executive and independent non-executive directors.
Average Trading Volume: 657,419
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$79.92M
Learn more about 0888 stock on TipRanks’ Stock Analysis page.