Dongfeng Unit Lifts Stake in Voyah, Controlling Shareholders Now Hold Nearly 70%
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Dongfeng Motor (Hong Kong) International has increased its stake in Voyah Automotive Technology Co Ltd by 5,469,000 H shares, raising the controlling shareholders' ownership to approximately 69.62%. This move reinforces majority control as the company monitors its shareholding increase plan, cautioning investors about potential market risks. Voyah emphasizes ongoing support for its long-term development while urging caution in trading its securities. The latest analyst rating for Voyah stock is a Buy with a price target of HK$8.10.
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