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An update from UJU HOLDING LIMITED ( (HK:1948) ) is now available.
UJU Holding Limited has announced the acquisition of 266,666 American Depositary Shares (ADS) of Yuanbao Inc. for approximately US$4.0 million, marking a strategic investment in a leading technology-driven online insurance distributor in China. This acquisition, which constitutes a discloseable transaction under Hong Kong’s Listing Rules, highlights UJU’s focus on expanding its market presence and leveraging Yuanbao’s significant growth and innovative insurance distribution model.
More about UJU HOLDING LIMITED
YTD Price Performance: -11.50%
Average Trading Volume: 216,890
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$600M
For detailed information about 1948 stock, go to TipRanks’ Stock Analysis page.