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Hanhua Financial Announces Major Shareholding Change

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Hanhua Financial Announces Major Shareholding Change

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The latest announcement is out from Hanhua Financial Holding Co., Ltd. Class H ( (HK:3903) ).

Hanhua Financial Holding Co., Ltd. announced a significant change in its shareholding structure, with Chongqing Jiahe Yisheng Enterprise Management Consulting Partnership acquiring 803,576,023 domestic shares, representing approximately 17.47% of the total issued shares. This acquisition will make Chongqing Jiahe Yisheng the largest shareholder, potentially impacting the company’s governance and strategic direction. Additionally, trading in the company’s shares remains suspended until further notice, which could affect investor sentiment and market activity.

More about Hanhua Financial Holding Co., Ltd. Class H

Hanhua Financial Holding Co., Ltd. is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates within the financial sector, focusing on providing financial services and solutions. It is listed on the Stock Exchange of Hong Kong Limited.

Technical Sentiment Signal: Sell

Current Market Cap: HK$772.8M

For an in-depth examination of 3903 stock, go to TipRanks’ Overview page.

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