Holly Futures Announces Proposed H Share Reduction by Subsidiary
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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Holly Futures Co. Ltd. Class H ( (HK:3678) ) has issued an update.
Holly Futures Co. Ltd., a joint stock company incorporated in the People’s Republic of China, has announced a proposed reduction in its H shares by a subsidiary of its controlling shareholder, SOHO Holdings Group Zhong Shan Company Limited. The reduction will involve no more than 24,255,000 H shares, representing approximately 2.41% of the total issued shares, over a six-month period starting December 1, 2025. Despite this reduction, SOHO Holdings will continue to be the controlling shareholder, and the move is not expected to significantly impact Holly Futures’ operations, financial standing, or future development.
The most recent analyst rating on (HK:3678) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Holly Futures Co. Ltd. Class H stock, see the HK:3678 Stock Forecast page.
More about Holly Futures Co. Ltd. Class H
Average Trading Volume: 16,562,435
Technical Sentiment Signal: Buy
Current Market Cap: HK$898.9M
Learn more about 3678 stock on TipRanks’ Stock Analysis page.
