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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.

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.

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