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China Vered Financial Sells eToro Shares Amid IPO

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China Vered Financial Sells eToro Shares Amid IPO

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China Vered Financial Holding Corporation Limited ( (HK:0245) ) has issued an announcement.

China Vered Financial Holding Corporation Limited has announced the disposal of 363,799 Class A eToro shares as part of eToro’s IPO process. This transaction allows the company to realize its investment in eToro, with the proceeds intended for potential future investments or general working capital. The disposal was conducted at the offering price of the eToro IPO, deemed fair and reasonable, aligning with the company’s commercial interests and benefiting its shareholders.

More about China Vered Financial Holding Corporation Limited

China Vered Financial Holding Corporation Limited, incorporated in Hong Kong, operates in the investment holding sector. The company focuses on direct investments in various assets, including investment funds, listed and unlisted debts and equities, alternative investments such as real estate, and private equities, along with providing loan financing services.

YTD Price Performance: 52.27%

Average Trading Volume: 27,151,595

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.53B

Learn more about 0245 stock on TipRanks’ Stock Analysis page.

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