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Smoore International Holdings Limited ( (HK:6969) ) has shared an announcement.
Smoore International Holdings Limited announced that its controlling shareholder, EVE Energy Co., Ltd., has received approval to reduce its shareholding in the company by up to 3.5% within a year. This reduction plan follows previous plans that expired without any actual reduction in shareholding. If completed, EVE Energy will cease to be a controlling shareholder, impacting the company’s shareholder structure and potentially affecting investor perceptions.
The most recent analyst rating on (HK:6969) stock is a Sell with a HK$10.72 price target. To see the full list of analyst forecasts on Smoore International Holdings Limited stock, see the HK:6969 Stock Forecast page.
More about Smoore International Holdings Limited
Smoore International Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the manufacturing and distribution of vaping devices and related components. It operates within the electronic cigarette industry, focusing on providing innovative vaping solutions and maintaining a significant presence in the global market.
Average Trading Volume: 37,088,744
Technical Sentiment Signal: Buy
Current Market Cap: HK$120.4B
See more insights into 6969 stock on TipRanks’ Stock Analysis page.