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S.F. Holding Co., Ltd. Announces Release of Pledged Shares

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S.F. Holding Co., Ltd. Announces Release of Pledged Shares

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S.F. Holding Co., Ltd. Class H ( (HK:6936) ) has provided an update.

S.F. Holding Co., Ltd. announced that its controlling shareholder, Shenzhen Mingde Holding Development Co., Ltd., has released a portion of its pledged A shares. This move involves 70 million shares, representing 2.63% of its holdings and 1.40% of the company’s total share capital. This development may impact the company’s financial flexibility and shareholder dynamics, as it reduces the number of shares under pledge, potentially enhancing the company’s market perception.

More about S.F. Holding Co., Ltd. Class H

S.F. Holding Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily operating in the logistics and delivery services industry. The company is known for its comprehensive logistics solutions and has a significant market presence in China.

YTD Price Performance: -2.22%

Average Trading Volume: 2,122,603

Current Market Cap: HK$223.2B

See more insights into 6936 stock on TipRanks’ Stock Analysis page.

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