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New Silkroad Culturaltainment Ltd. ( (HK:0472) ) has issued an update.
New Silkroad Culturaltainment Ltd. has entered into a Limited Partnership Agreement alongside Prime Gain and a General Partner to invest in the Jinluo Huixin LPF Fund. The company has committed HK$50 million as a limited partner, with the capital sourced from internal resources. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating a significant investment that requires public disclosure. The move is expected to impact the company’s financial operations by diversifying its investment portfolio.
More about New Silkroad Culturaltainment Ltd.
YTD Price Performance: 29.17%
Average Trading Volume: 282,488
Technical Sentiment Signal: Sell
Current Market Cap: HK$497.2M
For a thorough assessment of 0472 stock, go to TipRanks’ Stock Analysis page.