Zhongsheng Group Holdings Ltd. (HK:0881) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Zhongsheng Group Holdings Limited has reported an increase in shareholding by its ultimate controlling shareholders, Mr. Huang Yi and Mr. Li Guoqiang, through the acquisition of an additional 4,287,000 shares. This purchase has raised their total stake in the company to approximately 49.09%. The management has indicated plans to further increase their shareholding when deemed appropriate, while maintaining sufficient public float.
For further insights into HK:0881 stock, check out TipRanks’ Stock Analysis page.