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An update from Lai Fung Holdings ( (HK:1125) ) is now available.
Lai Fung Holdings Limited has been actively working to address its public float issue since the resumption of trading in its shares on the Hong Kong Stock Exchange in November 2022. The company is in ongoing discussions with core connected persons to potentially sell down their holdings to restore the public float, though no binding agreements have been reached yet. The company commits to providing quarterly updates to keep shareholders and the market informed, while cautioning them about potential trading suspensions if market conditions become disorderly.
More about Lai Fung Holdings
YTD Price Performance: -5.41%
Average Trading Volume: 30,401
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$347.6M
For a thorough assessment of 1125 stock, go to TipRanks’ Stock Analysis page.