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The latest announcement is out from Easyknit International Holdings Ltd ( (HK:1218) ).
Easyknit International Holdings Limited has completed a very substantial disposal involving the sale of its indirect wholly owned subsidiary Mark Profit, following shareholder approval at a special general meeting on 15 December 2025. The transaction was completed on 15 January 2026, with Mark Profit ceasing to be part of the group and the purchase price of HK$286.8 million settled via a 2025 convertible note issued by Eminence to Goodco, which is convertible into approximately 1.70 billion shares at an initial conversion price of HK$0.169 per share. The disposal reshapes Easyknit’s group structure and capital position, potentially altering its earnings profile and exposure to the disposed business while introducing a significant convertible instrument into its investment portfolio.
The most recent analyst rating on (HK:1218) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Easyknit International Holdings Ltd stock, see the HK:1218 Stock Forecast page.
More about Easyknit International Holdings Ltd
Easyknit International Holdings Limited is a Hong Kong-listed investment holding company (Stock Code: 1218), with interests held through various subsidiaries. The group’s operations and assets are structured via indirect wholly owned units, reflecting a typical diversified investment and property/investment holding profile common among mid-cap Hong Kong conglomerates.
Average Trading Volume: 42,166
Technical Sentiment Signal: Hold
Current Market Cap: HK$227.1M
See more data about 1218 stock on TipRanks’ Stock Analysis page.