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The latest update is out from New Huo Technology Holdings Limited ( (HK:1611) ).
Sinohope Technology Holdings Limited has announced an extraordinary general meeting to be held on October 17, 2025, in Hong Kong. The meeting will address the approval and adoption of a share award scheme, allowing the company to issue new shares and grant awards under the scheme, with a mandate limit of 10% of the shares in issue. Additionally, a sub-limit for shares allotted to service providers will be set at 1% of the shares in issue. This initiative aims to enhance the company’s operational flexibility and incentivize stakeholders, potentially impacting its market positioning positively.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
More about New Huo Technology Holdings Limited
Average Trading Volume: 9,388,733
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.94B
For an in-depth examination of 1611 stock, go to TipRanks’ Overview page.