Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Central Wealth Group Holdings Limited ( (HK:0139) ) has issued an update.
Smart Fish Wealthlink Holdings Limited, formerly known as Central Wealth Group Holdings Limited, announced the disposal of 65,356,000 shares in Shandong Hi-Speed Holdings Group Limited. The shares were sold on the open market for approximately HK$324.4 million after the original purchasers delayed their payment. The net proceeds of around HK$179 million will be used for the company’s general working capital, resulting in an estimated gain of HK$155 million.
More about Central Wealth Group Holdings Limited
Average Trading Volume: 11,571,152
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$286.7M
For an in-depth examination of 0139 stock, go to TipRanks’ Overview page.