Century Legend Sells Palantir Stake to Boost Liquidity and Realize Investment Gains

Century Legend (Holdings) Limited ( (HK:0079) ) has provided an update.

Century Legend, through a wholly owned subsidiary, has sold 2,700 shares of Palantir Technologies Inc. on the open market in two tranches on 17 December 2025 and 6 March 2026, at an average price of about US$163.66 per share, raising gross proceeds of US$441,880. The disposals represent a tiny fraction of Palantir’s total share capital, leaving the group with a remaining holding of 20,750 shares.

The transactions, which qualify as a discloseable transaction under Hong Kong listing rules, generated an expected aggregate profit of HK$386,763 for Century Legend based on the difference between book value and sale proceeds. Management said the sale allows the group to realize gains on part of its securities portfolio, enhance liquidity and cash flow, and redeploy funds for general working capital or other investment opportunities, which may modestly improve financial flexibility for shareholders.

The most recent analyst rating on (HK:0079) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Century Legend (Holdings) Limited stock, see the HK:0079 Stock Forecast page.

More about Century Legend (Holdings) Limited

Century Legend (Holdings) Limited operates a diversified portfolio of businesses, including property investments, hair styling and related services with product sales, securities investments, hospitality services, property project management, and the provision of commercial and personal loans. The group’s activities position it as a mixed-services and investment company with exposure to real estate, consumer services, and financial assets in Hong Kong and beyond.

Average Trading Volume: 574,227

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$27.39M

See more insights into 0079 stock on TipRanks’ Stock Analysis page.