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.
The latest update is out from King’s Flair International (Holdings) Limited ( (HK:6822) ).
King’s Flair International (Holdings) Limited announced the disposal of 4,114,080 shares of China Construction Bank (CCB) on the open market, generating approximately HK$29,663,000. This transaction, classified as a disclosable transaction under the Listing Rules, allows the company to realize its investment in CCB, resulting in a gain of approximately HK$3,045,000. The disposal reflects the company’s strategic decision to capitalize on its investment, potentially impacting its financial position and providing liquidity for future opportunities.
More about King’s Flair International (Holdings) Limited
King’s Flair International (Holdings) Limited is an investment holding company incorporated in the Cayman Islands. Its principal subsidiaries are involved in the trading, retail, wholesale, and distribution of kitchenware and household products, as well as the trading of raw materials.
Average Trading Volume: 198,242
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$280M
See more insights into 6822 stock on TipRanks’ Stock Analysis page.