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GoFintech Announces Major Shareholder Change and Trading Resumption

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GoFintech Announces Major Shareholder Change and Trading Resumption

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GoFintech Innovation Limited ( (HK:0290) ) has provided an announcement.

GoFintech Quantum Innovation Limited announced a significant change in its shareholder structure with the sale of approximately 20.31% of its shares to FINAL TOUCH LTD., a subsidiary of IVD Medical Holding Limited. This transaction, valued at HK$3,142,443,930, will make IVD Medical the single largest shareholder, while the previous largest shareholder, Dr. Liu, will reduce his holding to 0.97%. The company does not anticipate any adverse effects on its daily operations due to this change. Trading of the company’s shares, which was temporarily suspended, has resumed following the announcement.

The most recent analyst rating on (HK:0290) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.

More about GoFintech Innovation Limited

GoFintech Quantum Innovation Limited, formerly known as GoFintech Innovation Limited, is a company incorporated in the Cayman Islands with limited liability. It operates in the financial technology sector, focusing on innovative solutions and services.

Average Trading Volume: 6,158,779

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.11B

Learn more about 0290 stock on TipRanks’ Stock Analysis page.

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