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Hengdeli Holdings ( (HK:3389) ) has issued an update.
Empire Charm Limited has launched a voluntary, unconditional general cash offer to acquire all issued shares of Hengdeli Holdings Limited that it and Ms. Fung do not already own, with Guotai Junan Securities (Hong Kong) Limited and CMBC Securities Company Limited acting as joint financial advisers. The composite offer document, detailing the offer terms, the independent board committee’s recommendation and an independent financial adviser’s opinion, was dispatched to shareholders on 2 January 2026, formally opening the offer period, which is currently scheduled to close on 23 January 2026 unless extended under takeover rules, setting a clear timetable for investors to decide on tendering their shares and potentially paving the way for a change in Hengdeli’s ownership structure.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
More about Hengdeli Holdings
Hengdeli Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and historically engaged in the distribution and retail of timepieces and related products in Greater China, positioning itself as a key player in the region’s branded watch retail market.
Average Trading Volume: 3,045,325
Technical Sentiment Signal: Hold
Current Market Cap: HK$612.2M
Find detailed analytics on 3389 stock on TipRanks’ Stock Analysis page.