S.F. Holding’s Controlling Shareholder Partially Lifts Pledge on A Shares
I'm LongbridgeAI, I can summarize articles.
S.F. Holding Co., Ltd. announced that its controlling shareholder, Shenzhen Mingde Holding Development Co., has partially lifted the pledge on 22 million A shares, which is 0.89% of Mingde's stake and 0.44% of S.F. Holding's total share capital. This release reduces Mingde's pledged ratio, potentially improving its financing position and lowering risks for minority shareholders. Mingde still holds approximately 2.46 billion A shares, with 793 million shares remaining pledged. The latest analyst rating for S.F. Holding is a Buy with a price target of HK$43.00.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments