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Hengxin Technology Ltd. ( (HK:1085) ) has shared an update.
Shareholders of Hengxin Technology Ltd. approved an ordinary resolution at an extraordinary general meeting held on 20 January 2026 to ratify an equity transfer agreement and a supplemental agreement dated December 2025 between the Group, as vendor, Hengtong Group, as purchaser, and the target company. The resolution, which also authorises any one director to execute all necessary documents and make non‑material amendments to implement the transaction, was passed by an overwhelming majority of votes cast by independent shareholders, as major shareholder Kingever Enterprises Limited and its associates, along with the trustee holding unvested share awards, abstained from voting in line with listing rules, underscoring strong minority shareholder support for the deal and clearing a key procedural hurdle for the disposal to proceed.
The most recent analyst rating on (HK:1085) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Hengxin Technology Ltd. stock, see the HK:1085 Stock Forecast page.
More about Hengxin Technology Ltd.
Hengxin Technology Ltd., incorporated in Singapore and listed in Hong Kong, operates through a group structure and carries on business in Hong Kong under the name HX Singapore Ltd., with its shares traded on the Main Board of The Stock Exchange of Hong Kong.
Average Trading Volume: 235,046
Technical Sentiment Signal: Hold
Current Market Cap: HK$796.2M
For an in-depth examination of 1085 stock, go to TipRanks’ Overview page.