Carote Ltd’s Controlling Shareholder Plans Significant Share Increase
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Carote Ltd (HK:2549) announced that its controlling shareholder, Yili Investment Holdings Ltd, plans to increase its shareholding by at least HK$20 million in the next six months, reflecting confidence in the company's growth potential. The company will maintain a sufficient public float, indicating commitment to long-term prospects. The latest analyst rating for Carote Ltd stock is a Buy with a price target of HK$5.50.
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