Kuke Music Updates Class B Share Ownership Details
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Kuke Music Holding Limited (KUKE) announced updated ownership details for its Class B shares, with Lung Yu owning all 2,366,801 shares. This concentration of voting power may influence company decisions. Analysts rate KUKE stock as a Sell with a $1.00 price target, citing poor financial performance and negative cash flows. The company operates in the classical music sector in China, focusing on licensing and education services. Current market cap stands at $5.97M, with an average trading volume of 246,042 shares.
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