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Onewo Inc.’s Controlling Shareholder Pledges Shares in Loan Agreement

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Onewo Inc.’s Controlling Shareholder Pledges Shares in Loan Agreement

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Onewo, Inc. Class H ( (HK:2602) ) has issued an announcement.

Onewo Inc., a joint stock company incorporated in China, announced that its controlling shareholder, China Vanke, has pledged 15,321,078 shares of Onewo as part of a loan framework agreement with Shenzhen Metro Group Co., Ltd. This pledge represents approximately 1.33% of Onewo’s total issued share capital. The arrangement will not impact China Vanke’s control over Onewo or affect the company’s normal operations. Onewo will continue to monitor the situation and provide updates as necessary.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$24.50 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: 1,146,387

Technical Sentiment Signal: Sell

Current Market Cap: HK$24.86B

For detailed information about 2602 stock, go to TipRanks’ Stock Analysis page.

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