Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
FingerTango, Inc. ( (HK:6860) ) has provided an update.
FingerTango, Inc., a Hong Kong-listed investment-focused company, participates in managing and disposing of financial assets as part of its broader capital allocation strategy within the investment and asset management sector. The company has agreed to sell 59,672.888 Class L shares to an independent third-party purchaser for HK$89 million in cash, with HK$10 million payable upon completion and the remaining HK$79 million due within 90 days thereafter; the size of the transaction makes it a discloseable transaction under Hong Kong listing rules, signaling a notable rebalancing of FingerTango’s investment portfolio that may affect its financial position and capital deployment flexibility.
The most recent analyst rating on (HK:6860) stock is a Hold with a HK$0.21 price target. To see the full list of analyst forecasts on FingerTango, Inc. stock, see the HK:6860 Stock Forecast page.
More about FingerTango, Inc.
FingerTango, Inc. is a company listed in Hong Kong that engages in investment activities and holds various financial assets, operating within the broader investment and asset management sector.
Average Trading Volume: 789,254
Technical Sentiment Signal: Buy
Current Market Cap: HK$353.3M
See more data about 6860 stock on TipRanks’ Stock Analysis page.