tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Huabang Technology Acquires Majority Stake in CCIG Credit Limited

Story Highlights
Huabang Technology Acquires Majority Stake in CCIG Credit Limited

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Huabang Technology Holdings Limited ( (HK:3638) ) is now available.

Huabang Technology Holdings Limited, through its indirect wholly-owned subsidiary, has entered into a Sale and Purchase Agreement to acquire a 65% interest in CCIG Credit Limited. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring reporting and announcement but not shareholder approval. The transaction is contingent upon meeting certain conditions, and stakeholders are advised to exercise caution as there is no guarantee of completion.

The most recent analyst rating on (HK:3638) stock is a Hold with a HK$17.00 price target. To see the full list of analyst forecasts on Huabang Technology Holdings Limited stock, see the HK:3638 Stock Forecast page.

More about Huabang Technology Holdings Limited

Average Trading Volume: 564,806

Technical Sentiment Signal: Buy

Current Market Cap: HK$568.7M

For an in-depth examination of 3638 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1