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The latest announcement is out from New Silkroad Culturaltainment Ltd. ( (HK:0472) ).
New Silkroad Culturaltainment Limited announced a change in its largest shareholder, with Macro-Link International Land Limited selling 28.50% of its shares to China Agricultural Produce Company Limited for approximately HK$149 million. This transaction will make China Agricultural the single largest shareholder, while Winnovation Culturaltainment’s stake will reduce to 26.29%. The company does not anticipate any adverse impact on its operations from this change.
The most recent analyst rating on (HK:0472) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on New Silkroad Culturaltainment Ltd. stock, see the HK:0472 Stock Forecast page.
More about New Silkroad Culturaltainment Ltd.
New Silkroad Culturaltainment Limited operates in the cultural and entertainment industry, focusing on providing cultural tourism and entertainment services. The company is incorporated in Bermuda and listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,036,209
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.11B
See more insights into 0472 stock on TipRanks’ Stock Analysis page.