TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
SEEC Media Group Limited ( (HK:0205) ) has issued an announcement.
SEEC Media Group Limited has announced a discloseable transaction involving the acquisition of 100% equity interest in a target company that operates in the retail business on e-commerce platforms, primarily selling health and wellness products under the brand Dyesoo in the PRC. This acquisition is expected to strengthen SEEC Media Group’s position in the health and wellness industry, leveraging the successful track record and market recognition of Dyesoo, which has received numerous awards for its innovative products. The acquisition was facilitated by Yong Rong (HK) Asset Management Limited, a substantial shareholder of SEEC Media Group, as part of its strategy to explore investment opportunities and enhance shareholder value.
The most recent analyst rating on (HK:0205) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SEEC Media Group Limited stock, see the HK:0205 Stock Forecast page.
More about SEEC Media Group Limited
SEEC Media Group Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the media industry and is listed on the Hong Kong Stock Exchange. The company is focused on expanding its investment portfolio to enhance shareholder value.
Average Trading Volume: 520,041
Technical Sentiment Signal: Hold
Current Market Cap: HK$325.7M
See more data about 0205 stock on TipRanks’ Stock Analysis page.