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Fenbi Limited ( (HK:2469) ) has issued an update.
Fenbi Limited announced that its chairman and substantial shareholder, Mr. Zhang Xiaolong, has increased his shareholding in the company by acquiring 300,000 shares. This move is seen as a demonstration of confidence in the company’s growth prospects. The acquisition did not affect the public float or trigger any mandatory general offer obligations under the Takeovers Code. The company remains committed to transparency and will continue to disclose relevant information regarding shareholding changes.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.
More about Fenbi Limited
Fenbi Limited is a company incorporated in the Cayman Islands, operating in the education technology sector. It is listed on The Stock Exchange of Hong Kong and focuses on providing educational services and products, leveraging technology to enhance learning experiences.
Average Trading Volume: 48,691,345
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.77B
For an in-depth examination of 2469 stock, go to TipRanks’ Overview page.