TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) has shared an update.
Zhejiang Leapmotor Technology Co., Ltd. announced a change in the shareholding of its single largest group of shareholders. Hangzhou Mingzhao Shengye Enterprise Management Partnership L.P. will reduce its holdings of the company’s H shares on behalf of its limited partners, while maintaining a significant stake on behalf of Mr. Zhu Jiangming. This adjustment will not impact the 10-year lock-up commitment made by the company’s founders, ensuring stability in its ownership structure.
The most recent analyst rating on (HK:9863) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.
More about Zhejiang Leapmotor Technology Co., Ltd. Class H
Zhejiang Leapmotor Technology Co., Ltd. is a company based in China, primarily involved in the automotive industry. It focuses on the development and production of electric vehicles, aiming to position itself as a significant player in the growing market for sustainable transportation solutions.
Average Trading Volume: 9,968,382
Technical Sentiment Signal: Buy
Current Market Cap: HK$79.28B
For an in-depth examination of 9863 stock, go to TipRanks’ Overview page.