tiprankstipranks
Trending News
More News >

Leapmotor Shareholders Boost Holdings, Signaling Confidence in Future Growth

Story Highlights
  • Leapmotor’s key shareholders increased their holdings by 6,809,600 H Shares.
  • The share purchase reflects confidence in Leapmotor’s sustainable growth and future development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leapmotor Shareholders Boost Holdings, Signaling Confidence in Future Growth

Confident Investing Starts Here:

An announcement from Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) is now available.

Zhejiang Leapmotor Technology Co., Ltd. announced an increase in shareholding by key shareholders, including Mr. Zhu Jiangming and Mr. Fu Liquan, who purchased 6,809,600 H Shares at an average price of HK$46.45 per share. This move reflects strong confidence in the company’s future development and positions the company for sustainable growth, holding 24.99% of the total issued shares. The transaction aligns with relevant laws and regulations, signaling a positive outlook for stakeholders.

More about Zhejiang Leapmotor Technology Co., Ltd. Class H

Zhejiang Leapmotor Technology Co., Ltd. is a joint stock company incorporated in China, operating in the automotive industry with a focus on electric vehicles. It aims to promote sustainable and stable development while safeguarding public investors’ interests.

YTD Price Performance: 51.77%

Average Trading Volume: 13,370,054

Technical Sentiment Signal: Sell

Current Market Cap: HK$66.05B

Learn more about 9863 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1