Breton Technology Chairman Boosts Stake, Signalling Confidence in Future Prospects
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Breton Technology Co., Ltd. announced that Chairman Chen Fangming has increased his stake by purchasing an additional 18,000 H shares, raising his total holding to approximately 30.38%. This move, which boosts the collective stake of concert parties to about 31.84%, signals confidence in the company's future prospects. Despite this, the latest analyst rating for the stock (HK:1333) remains a Sell with a price target of HK$19.50. Breton Technology is a joint stock company listed in Hong Kong with a market cap of HK$7.8B.
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