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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) just unveiled an update.
Jiangxi Rimag Group Co., Ltd. announced that its chairman, executive director, and CEO, Mr. Chen Zhaoyang, has increased his shareholding in the company by purchasing an additional 55,000 H shares. This move, reflecting confidence in the company’s growth prospects, represents approximately 0.01% of the total issued shares and brings Mr. Chen’s total interest to about 14.49% of the company’s shares. The company assures that it maintains a sufficient public float of its issued shares following this transaction.
The most recent analyst rating on (HK:2522) stock is a Sell with a HK$14.00 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.
More about Jiangxi Rimag Group Co., Ltd. Class H
Jiangxi Rimag Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the industry of manufacturing and services. The company is focused on promoting continuous, stable, and healthy development, safeguarding the interests of public investors.
Average Trading Volume: 10,248,045
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.22B
For a thorough assessment of 2522 stock, go to TipRanks’ Stock Analysis page.