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Graphex Group Limited ( (HK:6128) ) has provided an announcement.
Graphex Group Limited has announced its intention to potentially dispose of an indirect wholly-owned subsidiary located in Delaware, USA. This potential disposal, which is still under negotiation and not yet legally binding, could represent a significant shift in the company’s asset portfolio, impacting its operational focus and possibly its market positioning. Stakeholders are advised to remain cautious as the situation develops.
The most recent analyst rating on (HK:6128) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Graphex Group Limited stock, see the HK:6128 Stock Forecast page.
More about Graphex Group Limited
Graphex Group Limited is a company incorporated in the Cayman Islands, operating within the industry of advanced materials and technology. The company focuses on the production and development of graphene products and related technologies, aiming to enhance its market presence in this innovative sector.
Average Trading Volume: 3,538,493
Technical Sentiment Signal: Hold
Current Market Cap: HK$287.1M
For an in-depth examination of 6128 stock, go to TipRanks’ Overview page.