Asia Orient Holdings (HK:0214) has released an update.
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Asia Orient Holdings and Asia Standard International have sold their entire holdings of HSBC shares, totaling 3,047,917 shares, for around HK$217.9 million. The move is part of their regular investment strategy to adjust their securities portfolios. The proceeds will be used as general working capital, enhancing the companies’ liquidity.
For further insights into HK:0214 stock, check out TipRanks’ Stock Analysis page.
