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Travel Expert (Asia) Enterprises Limited ( (HK:1235) ) has issued an update.
Travel Expert (Asia) Enterprises Limited said its indirect wholly owned subsidiary Sun Pillar Travel has disposed of its entire holding of 19,000 Tencent shares in the open market for about HK$10.97 million, or roughly HK$577 per share, after trading hours on 26 March 2026. The sale, which reduced the group’s stake in Tencent from about 0.0002% to zero and involves independent third-party buyers, constitutes a disclosable transaction under Hong Kong listing rules, requiring reporting and announcement but no shareholder approval, and slightly reshapes the company’s treasury investment portfolio without affecting its core travel services business.
The most recent analyst rating on (HK:1235) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Travel Expert (Asia) Enterprises Limited stock, see the HK:1235 Stock Forecast page.
More about Travel Expert (Asia) Enterprises Limited
Travel Expert (Asia) Enterprises Limited is a Cayman Islands-incorporated company listed on the Main Board of the Hong Kong Stock Exchange. The group is principally engaged in investment holding and in providing services related to the sale of travel products and package tours, while its Hong Kong subsidiary Sun Pillar Travel focuses on treasury investment activities.
Average Trading Volume: 103,333
Technical Sentiment Signal: Buy
Current Market Cap: HK$91.26M
For an in-depth examination of 1235 stock, go to TipRanks’ Overview page.