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Tian Ge Interactive Holdings ( (HK:1980) ) has shared an announcement.
Truesense Trading Limited and Tian Ge Interactive Holdings Limited announced the close of Truesense’s mandatory unconditional cash offer to acquire all issued shares of Tian Ge not already owned by Truesense and its concert parties, with the offer having closed on 8 January 2026 without revision or extension. During the offer period, Truesense made additional on-market purchases totaling 39,050,000 Tian Ge shares at HK$0.68 per share for an aggregate consideration of HK$26.554 million, further consolidating its stake, while a separate application by Sina to rebut the regulatory presumption that it is acting in concert with the offeror group remains under review by the Executive, leaving aspects of the shareholder alignment and potential regulatory characterization of key investors still to be clarified.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
More about Tian Ge Interactive Holdings
Tian Ge Interactive Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the interactive social and entertainment technology sector, providing online platforms and related services to users primarily in mainland China and other Chinese-speaking markets. The company’s shares are traded on the Hong Kong Stock Exchange under stock code 1980, attracting both strategic and financial investors active in the region’s tech and new-economy segments.
Average Trading Volume: 4,143,957
Technical Sentiment Signal: Buy
Current Market Cap: HK$737.2M
See more data about 1980 stock on TipRanks’ Stock Analysis page.