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The latest announcement is out from Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ).
Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has announced a discloseable transaction involving the disposal of its entire equity interest in a target company for HK$50.0 million. This transaction, which exceeds 5% but is less than 25% of the applicable percentage ratios, is subject to reporting and announcement requirements under the Listing Rules. The sale will result in the target company and its subsidiaries no longer being consolidated into the group’s financial results, potentially impacting the company’s financial structure and market positioning.
More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.
YTD Price Performance: 1290.0%
Average Trading Volume: 7,785
Technical Sentiment Signal: Sell
Current Market Cap: €255.2M
For detailed information about 1396 stock, go to TipRanks’ Stock Analysis page.
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