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An announcement from Hang Pin Living Technology Company Limited ( (HK:1682) ) is now available.
Hang Pin Living Technology Company Limited announced the disposal of 200,000 PetroChina shares, generating approximately HK$1,688,000 in proceeds, excluding transaction costs. This transaction allows the company to realize its investment in PetroChina, resulting in a gain of approximately HK$549,000. The disposal is classified as a discloseable transaction under the Hong Kong Stock Exchange’s listing rules, requiring reporting and announcement due to the applicable percentage ratios exceeding 5% but remaining below 25%.
More about Hang Pin Living Technology Company Limited
Hang Pin Living Technology Company Limited is an investment holding company incorporated in Bermuda, primarily engaged in the garment sourcing business and the provision of financial services. The company operates through its indirect wholly-owned subsidiary, which is an investment holding company incorporated in Hong Kong.
Average Trading Volume: 372,341
Technical Sentiment Signal: Buy
Current Market Cap: HK$158.8M
For an in-depth examination of 1682 stock, go to TipRanks’ Overview page.