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Hang Pin Living Technology Announces Disposal of PETROCHINA and CNOOC Shares

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Hang Pin Living Technology Announces Disposal of PETROCHINA and CNOOC Shares

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An announcement from Hang Pin Living Technology Company Limited ( (HK:1682) ) is now available.

Hang Pin Living Technology Company Limited has announced the disposal of listed securities involving PETROCHINA and CNOOC shares. The company sold 230,000 PETROCHINA shares for approximately HK$1,846,900 and 160,000 CNOOC shares for approximately HK$3,241,600. These transactions are considered discloseable under the Hong Kong Stock Exchange Listing Rules as they exceed the 5% threshold but remain below 25%, necessitating reporting and announcement requirements. The disposals reflect strategic financial maneuvers by the company, potentially impacting its market positioning and stakeholder interests.

More about Hang Pin Living Technology Company Limited

Average Trading Volume: 347,149

Technical Sentiment Signal: Buy

Current Market Cap: HK$158.8M

See more insights into 1682 stock on TipRanks’ Stock Analysis page.

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