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Fenbi Limited ( (HK:2469) ) has provided an announcement.
Fenbi Limited, a company listed on the Hong Kong Stock Exchange, has announced an increase in shareholding by its substantial shareholders. Mr. Wei Liang, an executive director and concert party of Mr. Zhang Xiaolong, acquired 350,000 shares, demonstrating confidence in the company’s growth potential. Following these acquisitions, the concert parties hold approximately 24.70% of the company’s total issued share capital. The company assures that the public float remains sufficient and that the acquisitions do not trigger mandatory general offer obligations under the Takeovers Code.
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
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.