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China Investments Holdings Acquires Majority Stake in Target Company

Story Highlights
  • China Investments Holdings acquires 51% equity in a target company for HK$58.46 million.
  • The acquisition is a discloseable transaction under Hong Kong Listing Rules, affecting company operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Investments Holdings Acquires Majority Stake in Target Company

Elevate Your Investing Strategy:

China Investments Holdings Limited ( (HK:0132) ) has issued an announcement.

China Investments Holdings Limited, through its wholly owned subsidiary, has entered into an agreement to acquire a 51% equity interest in a target company for approximately HK$58.46 million. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, as it exceeds certain percentage thresholds. The deal involves ongoing transactions that will become connected transactions at the subsidiary level, potentially impacting the company’s operational dynamics and stakeholder relationships.

More about China Investments Holdings Limited

YTD Price Performance: -33.33%

Average Trading Volume: 83,173

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$411M

For an in-depth examination of 0132 stock, go to TipRanks’ Stock Analysis page.

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