Shangshan Gold’s Controlling Shareholder Reduces Stake
Shangshan Gold International Holdings Ltd.'s controlling shareholder, Mr. Huang Shikun, has reduced his stake by selling 41,408,000 ordinary shares, about 8.09% of the company's total issued share capital. Despite this, Mr. Huang remains the controlling shareholder, and the company expects no negative impact on operations. The latest analyst rating for Tokyo Chuo Auction Holdings Ltd. (HK:1939) is a Hold with a HK$1.50 price target.
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Tokyo Chuo Auction Holdings Ltd. ( (HK:1939) ) has shared an announcement.
Shangshan Gold International Holdings Ltd. announced that its controlling shareholder, Mr. Huang Shikun, has reduced his shareholding by disposing of 41,408,000 ordinary shares, which constitutes approximately 8.09% of the company’s total issued share capital. Despite this reduction, Mr. Huang remains the controlling shareholder, and the company does not anticipate any negative impact on its business operations due to this transaction.
The most recent analyst rating on (HK:1939) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Tokyo Chuo Auction Holdings Ltd. stock, see the HK:1939 Stock Forecast page.
More about Tokyo Chuo Auction Holdings Ltd.
Average Trading Volume: 4,338,257
Technical Sentiment Signal: Sell
Current Market Cap: HK$808.8M
