Holly Futures Announces Proposed H Share Reduction by Subsidiary
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Holly Futures Co. Ltd. (HK:3678) announced a proposed reduction of up to 24,255,000 H shares, about 2.41% of total shares, by its subsidiary SOHO Holdings Group Zhong Shan Company Limited. This reduction will occur over six months starting December 1, 2025. SOHO Holdings will remain the controlling shareholder, and the reduction is not expected to significantly affect Holly Futures' operations or financial status. The current analyst rating for the stock is a Hold with a price target of HK$4.50.
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