Grand Ming Probes Share Surge as Data Centre Sale Talks Continue
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Grand Ming Group Holdings Ltd. (HK:1271) reported unusual share price movements on January 2, 2026, but stated it was unaware of any undisclosed information causing the surge. The company is negotiating the sale of its data centres to improve liquidity and reduce leverage, following the expiration of an exclusivity period for potential buyers. Shareholders are advised to exercise caution while trading. The latest analyst rating for the stock is a Sell with a price target of HK$1.00, and the current market cap is HK$1.8B.
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