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Shangshan Gold’s Controlling Shareholder Reduces Stake

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Shangshan Gold’s Controlling Shareholder Reduces Stake

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Tokyo Chuo Auction Holdings Ltd. ( (HK:1939) ) has shared an announcement.

Shangshan Gold International Holdings Ltd. announced that its controlling shareholder, Mr. Huang Shikun, has reduced his shareholding by disposing of 41,408,000 ordinary shares, which constitutes approximately 8.09% of the company’s total issued share capital. Despite this reduction, Mr. Huang remains the controlling shareholder, and the company does not anticipate any negative impact on its business operations due to this transaction.

The most recent analyst rating on (HK:1939) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Tokyo Chuo Auction Holdings Ltd. stock, see the HK:1939 Stock Forecast page.

More about Tokyo Chuo Auction Holdings Ltd.

Average Trading Volume: 4,338,257

Technical Sentiment Signal: Sell

Current Market Cap: HK$808.8M

See more data about 1939 stock on TipRanks’ Stock Analysis page.

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