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The latest announcement is out from Xuan Wu Cloud Technology Holdings Limited ( (HK:2392) ).
Xuan Wu Cloud Technology Holdings Limited has announced a proposed sale of 20% of its shares by controlling shareholders to a purchaser led by Mr. Lian Jian, a seasoned investor with a focus on technology and new energy sectors. This transaction could lead to a change in controlling shareholders and the termination of an existing acting in concert agreement, potentially impacting the company’s strategic direction and market positioning.
The most recent analyst rating on (HK:2392) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Xuan Wu Cloud Technology Holdings Limited stock, see the HK:2392 Stock Forecast page.
More about Xuan Wu Cloud Technology Holdings Limited
Xuan Wu Cloud Technology Holdings Limited operates in the niche segment of ‘AI+ enterprise digital services,’ focusing on SaaS applications in AI+ cloud communication services and strategic international business development.
Average Trading Volume: 2,026,338
Technical Sentiment Signal: Hold
Current Market Cap: HK$584.7M
Learn more about 2392 stock on TipRanks’ Stock Analysis page.