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Hope Education Group Announces Equity Disposal Transaction

Story Highlights
  • Hope Education Group plans to dispose of its entire equity interest in a target company for RMB10 million.
  • The transaction is subject to conditions and classified as discloseable under Listing Rules, requiring caution from investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hope Education Group Announces Equity Disposal Transaction

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The latest update is out from Hope Education Group Co., Ltd. ( (HK:1765) ).

Hope Education Group Co., Ltd. announced a discloseable transaction involving the disposal of its entire equity interest in a target company. The transaction, valued at RMB10 million, includes the repayment of borrowings by the target company, and is subject to certain conditions. The transaction is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement obligations. The completion of the transaction is contingent upon the fulfillment or waiver of conditions precedent, and investors are advised to exercise caution.

The most recent analyst rating on (HK:1765) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Hope Education Group Co., Ltd. stock, see the HK:1765 Stock Forecast page.

More about Hope Education Group Co., Ltd.

YTD Price Performance: 46.62%

Average Trading Volume: 11,504,446

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.88B

Learn more about 1765 stock on TipRanks’ Stock Analysis page.

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