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GoFintech Innovation Announces Strategic Share Disposal

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GoFintech Innovation Announces Strategic Share Disposal

GoFintech Innovation Limited ( (HK:0290) ) has shared an update.

GoFintech Innovation Limited has announced the disposal of a significant portion of its holdings in a target company through both on-market and off-market transactions. The on-market disposals, conducted from November 2024 to January 2025, involved 18,860,000 shares, while the off-market disposal in February 2025 included 42,940,000 shares. These transactions, amounting to approximately HK$87.1 million, are part of the company’s strategic portfolio management and are classified as a discloseable transaction under Hong Kong Stock Exchange listing rules, impacting the company’s financial positioning.

More about GoFintech Innovation Limited

GoFintech Innovation Limited operates within the financial technology industry, focusing on providing innovative solutions and services to enhance financial transactions and operations for its clients.

YTD Price Performance: 49.37%

Average Trading Volume: 3,093,824

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$8.8B

See more data about 0290 stock on TipRanks’ Stock Analysis page.

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