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Walnut Capital Limited Receives Significant Crypto Donation

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Walnut Capital Limited Receives Significant Crypto Donation

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An announcement from Walnut Capital Limited ( (HK:0905) ) is now available.

Walnut Capital Limited announced a significant donation involving the transfer of 10,000,000 CoinUp tokens by Mr. Alan Mung, a controlling shareholder, to its subsidiary, Full Long Holdings Limited. This donation, made without any financial obligations, is intended to be held as a reserve for capital appreciation and will be treated as intangible assets in the company’s financial statements, potentially impacting the company’s asset management strategy.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

More about Walnut Capital Limited

Walnut Capital Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates within the financial sector, focusing on investments and capital management. The company is publicly traded on the Hong Kong Stock Exchange under the stock code 905.

Average Trading Volume: 1,474,261

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.41B

For a thorough assessment of 0905 stock, go to TipRanks’ Stock Analysis page.

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