Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Digital China Holdings ( (HK:0861) ).
Digital China Holdings has sold 11,895,200 shares in its subsidiary DCITS via its indirect wholly owned unit DC Software between 31 December 2025 and 9 January 2026, representing about 1.22% of DCITS’ share capital, through a mix of centralized bidding and block trades for total proceeds of roughly RMB203 million (around HK$226 million). The transaction, which qualifies as a discloseable transaction under Hong Kong Listing Rules and is part of a wider plan to dispose of up to 2.95% of DCITS, allows the group to crystallise part of its unrealised gains in DCITS while retaining control and continuing to consolidate DCITS’ financials; the disposal will be treated as an equity transaction, with proceeds earmarked for business development and working capital and no gain or loss recognised in the consolidated income statement.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
More about Digital China Holdings
Digital China Holdings, through its indirect wholly owned unit DC Software, controls DCITS, a subsidiary engaged in the software and IT services space in mainland China. DC Software remains the controlling shareholder of DCITS with a stake of about 38.70%, ensuring DCITS continues to be consolidated into the group’s financial statements despite recent share disposals.
YTD Price Performance: -0.75%
Average Trading Volume: 3,267,660
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.98B
See more data about 0861 stock on TipRanks’ Stock Analysis page.