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Onewo Inc. Share Pledge by Controlling Shareholder

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Onewo Inc. Share Pledge by Controlling Shareholder

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An update from Onewo, Inc. Class H ( (HK:2602) ) is now available.

Onewo Inc., a joint stock company incorporated in the People’s Republic of China, has announced that its controlling shareholder, China Vanke, has pledged 116,887,490 shares of Onewo as collateral for a loan agreement with Shenzhen Metro Group Co., Ltd. This pledge represents approximately 10.11% of Onewo’s total issued share capital. The arrangement is not intended to guarantee Onewo’s debts or affect its operations, and China Vanke will remain the controlling shareholder. The company will monitor the situation and update stakeholders as necessary.

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: 1,034,210

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.66B

See more data about 2602 stock on TipRanks’ Stock Analysis page.

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