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Holly Futures Announces Expiration of Shareholding Change Plan

Story Highlights
  • Holly Futures Co. Ltd. operates in financial services, focusing on futures trading.
  • The expiration of the shareholding change plan reduced Holly Su Industrial’s stake from 6.78% to 5.01%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Holly Futures Announces Expiration of Shareholding Change Plan

Elevate Your Investing Strategy:

Holly Futures Co. Ltd. Class H ( (HK:3678) ) just unveiled an update.

Holly Futures Co. Ltd. announced the expiration of a plan concerning the change in shareholding by Jiangsu Holly Su Industrial Co., Ltd., a significant shareholder holding more than 5% of the company’s shares. The plan involved the judicial compulsory enforcement of certain A shares, resulting in the disposal of approximately 1.77% of the company’s total issued share capital through centralised bidding and block trading transactions. This reduction in shareholding impacts Holly Su Industrial’s stake, decreasing it from 6.78% to 5.01%, potentially affecting the company’s market dynamics and shareholder structure.

More about Holly Futures Co. Ltd. Class H

Holly Futures Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating with limited liability and conducting business in Hong Kong. The company is involved in the financial services industry, focusing on futures trading and related financial activities.

YTD Price Performance: 2.22%

Average Trading Volume: 12,298,796

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$689.2M

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