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An update from Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) is now available.
Shandong Hi-Speed New Energy Group Limited announced the restoration of its public float to the required minimum of 25% following the disposal of 82,936,512 shares by its offeror. This move ensures compliance with the Hong Kong Stock Exchange’s listing rules and reflects a strategic adjustment in the company’s shareholding structure, potentially impacting its market positioning and stakeholder confidence.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
More about Shandong Hi-Speed New Energy Group Limited
Average Trading Volume: 253,534
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.82B
For detailed information about 1250 stock, go to TipRanks’ Stock Analysis page.