Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
MIXUE Group Class H ( (HK:2097) ) has issued an announcement.
MIXUE Group, a joint stock company incorporated in China, has announced a significant investment move. The company has entered into an Investment Agreement and an Equity Transfer Agreement with a target company, intending to acquire a majority stake. By injecting RMB285.60 million, MIXUE Group will subscribe to 51% of the target company’s enlarged registered capital. Additionally, the company will acquire a 2% stake from Mr. Zhao Jie for RMB11.20 million. These transactions will result in the target company becoming a non-wholly owned subsidiary of MIXUE Group, with its financial results consolidated into the group’s financial statements. The agreements are considered connected transactions under the Listing Rules, but they are exempt from independent shareholders’ approval due to the applicable percentage ratios.
The most recent analyst rating on (HK:2097) stock is a Buy with a HK$505.00 price target. To see the full list of analyst forecasts on MIXUE Group Class H stock, see the HK:2097 Stock Forecast page.
More about MIXUE Group Class H
Average Trading Volume: 498,443
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$146.9B
See more insights into 2097 stock on TipRanks’ Stock Analysis page.