tiprankstipranks
Trending News
More News >

China First Capital Group Sells ACCL Shares in Strategic Move

Story Highlights
China First Capital Group Sells ACCL Shares in Strategic Move

Confident Investing Starts Here:

China First Capital Group Ltd. ( (HK:1269) ) has shared an announcement.

China First Capital Group Limited announced the disposal of 1,000,000 shares of Aluminum Corporation of China Limited (ACCL) through the Shanghai Stock Exchange, generating RMB7,350,000 (approximately HK$8.8 million). This transaction, representing about 0.0058% of ACCL’s total issued shares, is classified as a discloseable transaction under the Hong Kong Listing Rules. The disposal reflects the company’s strategic decision to adjust its investment portfolio, potentially impacting its financial positioning and offering insights into its market strategy.

More about China First Capital Group Ltd.

China First Capital Group Limited, incorporated in the Cayman Islands, operates in the financial services industry. It is involved in securities and futures activities through its subsidiary, China Sunrise Securities (International) Limited, which is licensed for Type 1 and Type 4 regulated activities.

Average Trading Volume: 1,545,908

Technical Sentiment Signal: Sell

Current Market Cap: HK$77.62M

Learn more about 1269 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1