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The latest announcement is out from Value Convergence Holdings Limited ( (HK:0821) ).
Value Convergence Holdings Limited has announced a series of disposals of Hao Tian shares, amounting to 21,408,000 shares for approximately HK$5.24 million. These disposals are classified as a discloseable transaction under Hong Kong’s Listing Rules due to the aggregate percentage ratios exceeding 5% but being less than 25%. The company expects to recognize an unaudited realized loss of approximately HK$6.25 million from these transactions. Despite the loss, the company continues to hold 41,832,000 Hao Tian shares and may consider further disposals in the future.
More about Value Convergence Holdings Limited
Average Trading Volume: 4,420,236
Technical Sentiment Signal: Sell
Current Market Cap: HK$106.4M
Learn more about 0821 stock on TipRanks’ Stock Analysis page.