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Flowing Cloud Technology Ltd. ( (HK:6610) ) has issued an announcement.
Flowing Cloud Technology Ltd. has sold 22,995,000 H shares in Hebei Yichen on the open market for approximately HK$13.97 million, cutting its stake in the mainland manufacturing group’s H-share capital from about 11.4% (including prior disposals) to 1.16%. Together with an earlier sale of 5,506,000 Hebei Yichen shares in July 2025, the aggregated disposals meet the thresholds for a discloseable transaction under Hong Kong listing rules, underscoring Flowing Cloud’s continued shift away from this non-core investment while leaving disclosure obligations unchanged and potentially freeing capital for its core AR/VR marketing operations.
The most recent analyst rating on (HK:6610) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Flowing Cloud Technology Ltd. stock, see the HK:6610 Stock Forecast page.
More about Flowing Cloud Technology Ltd.
Flowing Cloud Technology Ltd. is an investment holding company whose group focuses on marketing services built around augmented reality and virtual reality technologies, offering AR/VR content creation, integrated marketing solutions and related services to corporate clients.
Average Trading Volume: 208,811
Technical Sentiment Signal: Sell
Current Market Cap: HK$203.7M
For an in-depth examination of 6610 stock, go to TipRanks’ Overview page.