Claim 70% Off TipRanks This Holiday Season
- 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
DL Holdings Group Limited ( (HK:1709) ) has provided an announcement.
DL Holdings Group Limited announced that its controlling shareholder and Chairman, Mr. Chen Ningdi, has increased his shareholdings by acquiring 2,000,000 shares at an average price of HK$1.52 per share. This move, part of a broader plan to buy up to 20,000,000 shares within three months, highlights Mr. Chen’s confidence in the company’s future growth prospects and signals a strong commitment to the business’s long-term value creation, potentially reassuring investors regarding its strategic direction.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
DL Holdings Group Limited, incorporated in the Cayman Islands, operates as an investment-focused group with significant interests across various sectors, aiming to drive growth and deliver value to shareholders.
Average Trading Volume: 56,014,366
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.19B
See more data about 1709 stock on TipRanks’ Stock Analysis page.