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Confidence Intelligence Holdings Acquires Full Ownership of Subsidiary

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Confidence Intelligence Holdings Acquires Full Ownership of Subsidiary

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Confidence Intelligence Holdings Limited ( (HK:1967) ) has shared an announcement.

Confidence Intelligence Holdings Limited has announced the acquisition of a 30% equity interest in a non-wholly owned subsidiary, making it a fully owned entity. This acquisition, valued at RMB40 million, will allow the company to consolidate the financial results of the subsidiary into its financial statements, potentially enhancing its market position and operational efficiency.

The most recent analyst rating on (HK:1967) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Confidence Intelligence Holdings Limited stock, see the HK:1967 Stock Forecast page.

More about Confidence Intelligence Holdings Limited

Average Trading Volume: 742,180

Technical Sentiment Signal: Hold

Current Market Cap: HK$139.5M

See more data about 1967 stock on TipRanks’ Stock Analysis page.

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