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An update from Giant Biogene Holding Co. Ltd. ( (HK:2367) ) is now available.
Giant Biogene Holding Co., Ltd announced that its controlling shareholder, Juzi Holding Co., Ltd, has increased its shareholding by purchasing 922,600 shares at a total cost of HK$46.7 million. This move demonstrates confidence in the company’s future development and aims to promote its sustainable growth while safeguarding public investors’ interests. Juzi Holding now holds 54.35% of the company’s total issued shares and may further increase its stake, depending on market conditions.
The most recent analyst rating on (HK:2367) stock is a Buy with a HK$93.70 price target. To see the full list of analyst forecasts on Giant Biogene Holding Co. Ltd. stock, see the HK:2367 Stock Forecast page.
More about Giant Biogene Holding Co. Ltd.
Giant Biogene Holding Co., Ltd is a company incorporated in the Cayman Islands, operating in the biotechnology industry. It is focused on sustainable and stable development, with a significant market presence as indicated by its controlling shareholder’s substantial shareholding.
Average Trading Volume: 11,583,746
Technical Sentiment Signal: Hold
Current Market Cap: HK$54.15B
For a thorough assessment of 2367 stock, go to TipRanks’ Stock Analysis page.