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Enterprise Development Holdings Limited ( (HK:1808) ) has shared an update.
Enterprise Development Holdings Limited, through its wholly-owned subsidiary EDHK, has purchased 8,000 shares of PLTR at USD173.19 per share, totaling USD1,385,550. This transaction, which increases the Group’s holdings to 24,000 PLTR shares, is considered a discloseable transaction under Hong Kong’s Listing Rules due to its size. The purchase was made using the company’s internal resources and margin financing, and the sellers are independent third parties. The company views this investment as attractive, aiming to enhance returns given PLTR’s recent share price performance.
The most recent analyst rating on (HK:1808) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Enterprise Development Holdings Limited stock, see the HK:1808 Stock Forecast page.
More about Enterprise Development Holdings Limited
Enterprise Development Holdings Limited is primarily involved in investment holding, with a focus on the sales of software licenses, provision of integrated business software solutions, and trading of listed securities.
Average Trading Volume: 30,107
Technical Sentiment Signal: Buy
Current Market Cap: HK$876.7M
Find detailed analytics on 1808 stock on TipRanks’ Stock Analysis page.