S.F. Holding Co., Ltd. Class H (HK:6936) has released an update.
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S.F. Holding Co., Ltd., a prominent Chinese logistics firm, announced the release of certain pledged shares held by its major shareholder, Shenzhen Mingde Holdings Development Co., Ltd. The release involves a total of 75 million A shares, representing 1.50% of the company’s total share capital, as part of a financial arrangement with Citibank’s Shenzhen branch. This move may influence the company’s stock dynamics and attract attention from investors monitoring liquidity and shareholder actions.
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