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.
KuangChi Science Limited ( (HK:0439) ) just unveiled an update.
KuangChi Science Limited announced that its controlling shareholder, New Horizon Wireless Communication Limited, has sold 178,550,936 shares, representing approximately 29% of the company’s total issued shares, to an independent third-party investor. This transaction significantly reduces the controlling shareholder’s stake, impacting the company’s shareholding structure while maintaining Dr. Liu Ruopeng’s position as a substantial shareholder through indirect interests.
More about KuangChi Science Limited
KuangChi Science Limited is a company incorporated in Bermuda, operating within the technology sector. It focuses on innovative communication solutions and is associated with entities involved in wireless communication and technology investment.
YTD Price Performance: -14.42%
Average Trading Volume: 626,945
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.1B
For an in-depth examination of 0439 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money