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Carote Ltd ( (HK:2549) ) has provided an announcement.
Carote Ltd, a company incorporated in the Cayman Islands, announced that its controlling shareholder, Yili Investment Holdings Ltd, plans to increase its shareholding in the company by at least HK$20 million within the next six months. This move reflects Yili Investment’s confidence in Carote Ltd’s business development and growth potential. The company assures that a sufficient public float will be maintained, indicating a strong commitment to its long-term prospects.
The most recent analyst rating on (HK:2549) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Carote Ltd stock, see the HK:2549 Stock Forecast page.
More about Carote Ltd
Average Trading Volume: 484,701
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.52B
Learn more about 2549 stock on TipRanks’ Stock Analysis page.