---
title: "Da Sen Holdings’ Controlling Shareholder Cuts Stake but Retains Control"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273394061.md"
description: "Da Sen Holdings Group Ltd's controlling shareholder, Mr. Wong Tseng Hon, has sold 119.7 million shares, reducing his stake from 67.74% to 56.82%. Despite this reduction, he remains the controlling shareholder. The board does not anticipate any negative impact on the company's operations or financial position due to this sale, but advises caution to shareholders regarding ownership concentration. The current analyst rating for Da Sen Holdings is a Hold with a price target of HK$0.24. The company is listed in Hong Kong and has a market cap of HK$306.8M."
datetime: "2026-01-22T15:13:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273394061.md)
  - [en](https://longbridge.com/en/news/273394061.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273394061.md)
---

# Da Sen Holdings’ Controlling Shareholder Cuts Stake but Retains Control

### Claim 50% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

The latest update is out from Da Sen Holdings Group Ltd ( (HK:1580) ).

Da Sen Holdings Group Limited has announced that its controlling shareholder, Mr. Wong Tseng Hon, has sold 119.7 million shares, representing about 10.92% of the company’s issued share capital, reducing his stake from approximately 67.74% to 56.82% while remaining the controlling shareholder. The board stated it does not expect this disposal to adversely affect the group’s business operations or financial position, but cautioned shareholders and potential investors to exercise care when dealing in the company’s securities, highlighting that the transaction primarily affects ownership concentration rather than day-to-day operations.

The most recent analyst rating on (HK:1580) stock is a Hold with a HK$0.24 price target. To see the full list of analyst forecasts on Da Sen Holdings Group Ltd stock, see the HK:1580 Stock Forecast page.

**More about Da Sen Holdings Group Ltd**

Da Sen Holdings Group Limited is a Cayman Islands–incorporated company listed in Hong Kong, operating through a group structure. The announcement identifies the firm only in terms of its listing status and shareholding structure, without detailing its specific industry, products or services, or geographic market focus.

**Average Trading Volume:** 324,088

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$306.8M

### Related Stocks

- [01580.HK](https://longbridge.com/en/quote/01580.HK.md)

## Related News & Research

- [Da Sen Holdings Further Delays Circular on Major Share-Financed Acquisition](https://longbridge.com/en/news/286284322.md)
- [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md)
- [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md)
- [PRECIOUS-Treasury yields, dollar weigh on gold amid inflation concerns](https://longbridge.com/en/news/286929968.md)
- [Market Chatter: NATO Discussing Hormuz Deployment to Help Guide Ships](https://longbridge.com/en/news/286930669.md)