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Kwan On Holdings Ltd. ( (HK:1559) ) just unveiled an announcement.
Kwan On Holdings Limited, listed on the Hong Kong Stock Exchange, has completed a major transaction involving the disposal of a subsidiary and the provision of financial assistance. This completion marks a significant change in the company’s structure as the target company will no longer be consolidated within the group’s financial results, potentially impacting its financial reporting and strategic focus.
More about Kwan On Holdings Ltd.
YTD Price Performance: 30.85%
Average Trading Volume: 226,666
Technical Sentiment Signal: Buy
Current Market Cap: HK$229.9M
Learn more about 1559 stock on TipRanks’ Stock Analysis page.