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Yield Go Holdings Ltd. ( (HK:1796) ) has issued an announcement.
Metaspacex Limited has disclosed that its controlling shareholder, China Sports Assets Management Limited, saw 102,288,000 shares sold on the market between 2 April and 9 April 2026 by its lender under a lending agreement, allegedly without China Sports’ authorisation, to meet repayment obligations. The company is now investigating the identities of the buyers and any potential concert-party or connected-person relationships to ensure compliance with Hong Kong listing and takeover rules, while maintaining that it is not a party to the lending arrangement, that its operations and governance remain unaffected, and that China Sports still holds about 53.3% of its issued shares.
More about Yield Go Holdings Ltd.
Metaspacex Limited is a Hong Kong-listed company incorporated in the Cayman Islands whose shares trade on the Main Board under stock code 1796. The group operates through various subsidiaries, with China Sports Assets Management Limited serving as its controlling shareholder, ultimately wholly owned by Ms. Huang Hou.
Average Trading Volume: 4,608,448
Technical Sentiment Signal: Sell
Current Market Cap: HK$316.8M
Learn more about 1796 stock on TipRanks’ Stock Analysis page.