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An update from Oshidori International Holdings Limited ( (HK:0622) ) is now available.
Oshidori International Holdings Limited has announced the disposal of its 314,234,000 Shengjing H Shares at an offer price of HK$1.60 per share, amounting to a total consideration of HK$502.8 million. This transaction, which results in Oshidori ceasing to hold any interest in Shengjing, is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, indicating a significant shift in the company’s investment portfolio and potentially impacting its financial strategy.
The most recent analyst rating on (HK:0622) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Oshidori International Holdings Limited stock, see the HK:0622 Stock Forecast page.
More about Oshidori International Holdings Limited
Average Trading Volume: 2,023,375
Technical Sentiment Signal: Buy
Current Market Cap: HK$3B
Learn more about 0622 stock on TipRanks’ Stock Analysis page.