Greater Bay Area Holdings Brings in RMB800 Million Investor for Data Subsidiary

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) just unveiled an announcement.

Guangdong – Hong Kong Greater Bay Area Holdings Limited has entered into an investment agreement under which Hongyi Intelligent Computing, an investment holding entity ultimately owned by Futian Capital, will subscribe for 40% of newly issued equity in the group’s indirect wholly owned subsidiary Hongce Data for RMB800 million. Upon completion, the group will retain a 60% stake, and Hongce Data will remain a consolidated, though non-wholly owned, subsidiary. As part of the deal, the investor is granted a put option that allows it to require Tiandun Data and/or Hongce Data to repurchase part of its equity interest under agreed terms, a structure that, together with the dilution of the group’s stake, results in a discloseable transaction under Hong Kong listing rules. The arrangement brings in significant external capital while preserving control of the subsidiary, potentially strengthening the group’s financial resources and strategic partnerships in its data-related business, though it also introduces future obligations associated with the put option.

The most recent analyst rating on (HK:1396) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Guangdong – Hong Kong Greater Bay Area Holdings Ltd. stock, see the HK:1396 Stock Forecast page.

More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.

Guangdong – Hong Kong Greater Bay Area Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through subsidiaries such as Tiandun Data and Hongce Data (Hongce Data being the target company in this transaction). The group’s structure includes investment and data-related businesses, with operations organized under a holding company framework and its subsidiaries’ financial results consolidated into the group’s accounts.

Average Trading Volume: 2,433,665

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.58B

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