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Fenbi Limited ( (HK:2469) ) has provided an announcement.
Fenbi Limited announced that its chairman and substantial shareholder, Mr. Zhang Xiaolong, has increased his shareholding in the company by acquiring 810,000 additional shares. This move is seen as a demonstration of Mr. Zhang’s confidence in Fenbi’s growth potential and development prospects. The company maintains sufficient public float and the increase in shareholding does not trigger mandatory general offer obligations under the Takeovers Code. Fenbi’s management has expressed strong confidence in the company’s business development and plans to further increase their shareholdings in the future.
The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.00 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 within the education sector. It is listed on The Stock Exchange of Hong Kong Limited under the stock code 2469.
Average Trading Volume: 60,692,425
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.22B
Find detailed analytics on 2469 stock on TipRanks’ Stock Analysis page.