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XiangXing International Holding Limited ( (HK:1732) ) has issued an update.
XiangXing International Holding Limited and Westwell Holdings (Hong Kong) Limited have announced the fulfillment of a pre-condition for a voluntary cash partial offer to acquire 371,200,000 shares of XiangXing by Westwell Holdings. This development marks a significant step in the acquisition process, although the offer remains subject to further conditions. Stakeholders are advised to exercise caution as the offer may not become unconditional and could lapse.
The most recent analyst rating on (HK:1732) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on XiangXing International Holding Limited stock, see the HK:1732 Stock Forecast page.
More about XiangXing International Holding Limited
XiangXing International Holding Limited is a company incorporated in the Cayman Islands, primarily involved in providing logistics and transportation services. The company is listed on the Hong Kong Stock Exchange and focuses on expanding its market presence through strategic acquisitions and partnerships.
Average Trading Volume: 3,741,153
Technical Sentiment Signal: Buy
Current Market Cap: HK$345.6M
See more data about 1732 stock on TipRanks’ Stock Analysis page.