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An update from Oshidori International Holdings Limited ( (HK:0622) ) is now available.
Oshidori International Holdings Limited, through its wholly-owned subsidiaries, has disposed of 18,479,000 shares of ZhongAn Online P&C Insurance Co., Ltd. This transaction, executed on the open market, resulted in proceeds of HK$254.6 million and marks the company’s complete exit from its investment in ZhongAn. The disposal constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement due to the aggregated percentage ratios exceeding 5% but remaining below 25%. ZhongAn is a prominent online Insurtech company in China, focusing on insurance products across health, digital lifestyle, consumer finance, and auto ecosystems.
More about Oshidori International Holdings Limited
YTD Price Performance: 164.71%
Average Trading Volume: 4,504,540
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$2.78B
Learn more about 0622 stock on TipRanks’ Stock Analysis page.