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Q Technology (Group) Co ( (HK:1478) ) has shared an announcement.
Q Technology (Group) Co., a company incorporated in the Cayman Islands, has announced a potential disposal of a 51% equity interest in its subsidiary, Q Tech India, to Dixon. The transaction is valued at approximately INR5,530,000,000, and upon completion, Q Technology will retain a 49% stake in Q Tech India, which will no longer be consolidated as a subsidiary. This move is part of a strategic realignment and is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring specific reporting and announcement protocols.
The most recent analyst rating on (HK:1478) stock is a Buy with a HK$7.10 price target. To see the full list of analyst forecasts on Q Technology (Group) Co stock, see the HK:1478 Stock Forecast page.
More about Q Technology (Group) Co
Average Trading Volume: 6,648,518
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.54B
See more insights into 1478 stock on TipRanks’ Stock Analysis page.