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The latest update is out from Jiu Rong Holdings Limited ( (HK:2358) ).
Jiu Rong Holdings Limited has announced a very substantial acquisition and disposal related to the trading of shares of a target company. The company admitted to non-compliance with the Listing Rules during these transactions, as they were not reported or approved by the board at the time. The current management has reviewed the situation, but the reasons for the former executive directors’ failure to disclose the transactions remain unclear.
More about Jiu Rong Holdings Limited
Average Trading Volume: 40,645,738
Technical Sentiment Signal: Sell
Current Market Cap: HK$60.19M
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