tiprankstipranks
Trending News
More News >

CLSA Premium Share Transfer: CITIC Reduces Stake

CLSA Premium Share Transfer: CITIC Reduces Stake

CLSA Premium Ltd. (HK:6877) has released an update.

Confident Investing Starts Here:

CLSA Premium Ltd. is set for a significant change in ownership as CITIC Securities International plans to transfer 40% of its shares through a public solicitation process on the Shanghai United Assets and Equity Exchange. This move will see CITIC’s stake drop to 19.03%, with the transfer priced at a minimum of approximately HKD97,994,000. Interested buyers must meet specific eligibility criteria and can pay either in a lump sum or installments.

For further insights into HK:6877 stock, check out 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