Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Suoxinda Holdings Limited ( (HK:3680) ).
Ruihe Data Technology Holdings Limited has entered into a partnership agreement through its indirect wholly owned subsidiary, Ruihe Data Shenzhen, with Hardcore Nut as general partner and several institutional and individual limited partners to establish a limited partnership fund with total capital contributions of RMB73.28 million. The structure involves connected persons, including entities associated with non-executive director Wu Kezhong, making the deal a connected transaction under Hong Kong listing rules, though it falls below thresholds requiring shareholder approval and is only subject to reporting and announcement requirements, signalling a modest but regulated expansion of the company’s investment activities.
More about Suoxinda Holdings Limited
Ruihe Data Technology Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the data technology sector. The group conducts its business through subsidiaries including Ruihe Data Shenzhen, reflecting a focus on technology-driven services and investments in related ventures in mainland China.
Average Trading Volume: 2,290,983
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.98B
Learn more about 3680 stock on TipRanks’ Stock Analysis page.