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Onewo, Inc. Class H ( (HK:2602) ) just unveiled an announcement.
Onewo Inc., a company incorporated in the People’s Republic of China, has announced that its controlling shareholder, China Vanke, has pledged a significant portion of its shares in Onewo as collateral for a loan agreement with Shenzhen Metro Group Co., Ltd. The pledged shares represent approximately 27.40% of Onewo’s total issued share capital, and together with previously pledged shares, account for about 45.69% of the company’s total issued share capital. This arrangement does not impact China Vanke’s position as the controlling shareholder or affect Onewo’s normal operations. The company will continue to monitor the situation and update stakeholders on any significant developments.
The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.
More about Onewo, Inc. Class H
Average Trading Volume: 1,075,932
Technical Sentiment Signal: Buy
Current Market Cap: HK$25.07B
Learn more about 2602 stock on TipRanks’ Stock Analysis page.