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China Castson 81 Finance Profits from Disposal of Grown Up Group Shares

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China Castson 81 Finance Profits from Disposal of Grown Up Group Shares

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China Internet Investment Finance Holdings Ltd. ( (HK:0810) ) has shared an update.

China Castson 81 Finance Company Limited has announced the disposal of 41,108,000 shares of Grown Up Group Investment Holdings Limited for approximately HK$39.18 million. This transaction resulted in a net profit of approximately HK$26.93 million for the company. The sale was conducted in the open market, and the buyers are third parties independent of the company. This strategic move reflects the company’s focus on maximizing capital appreciation and income, potentially impacting its financial positioning positively.

More about China Internet Investment Finance Holdings Ltd.

China Castson 81 Finance Company Limited is an investment company listed on the Main Board of The Stock Exchange of Hong Kong. It is primarily engaged in investing in equity and debt securities of both listed and unlisted companies to achieve capital appreciation and generate stable income from interests and dividends.

YTD Price Performance: -5.24%

Average Trading Volume: 2,247,351

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$33.77M

Find detailed analytics on 0810 stock on TipRanks’ Stock Analysis page.

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