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Newborn Town Inc. ( (HK:9911) ) has provided an update.
Newborn Town Inc. announced a share purchase under its RSU Award Scheme, where Three D Partners Limited acquired an additional 1,612,000 shares, representing approximately 0.11% of the total shares in issue. This move reflects the company’s confidence in its business outlook and is expected to create value for shareholders while maintaining a solid financial position.
The most recent analyst rating on (HK:9911) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on Newborn Town Inc. stock, see the HK:9911 Stock Forecast page.
More about Newborn Town Inc.
Newborn Town Inc. is a company incorporated in the Cayman Islands, focusing on providing innovative digital solutions. Its primary services include developing and managing mobile applications and platforms, targeting a global market with a focus on enhancing user engagement and experience.
Average Trading Volume: 5,301,143
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.35B
For an in-depth examination of 9911 stock, go to TipRanks’ Overview page.