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The latest update is out from Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ).
Kingkey Financial International has entered a non-legally binding memorandum of understanding with Cheung Mau Hung for the potential sale of its subsidiary, Trade Region Limited, which handles its fur brokerage and mink farming businesses. This potential disposal aligns with the company’s strategy to pivot away from the fur industry due to Danish policy changes and focus on expanding its finance-related operations and sustainability initiatives, which could better position the company for future growth and align with global environmental trends.
More about Kingkey Financial International (Holdings) Ltd.
Kingkey Financial International (Holdings) Limited, incorporated in the Cayman Islands, operates primarily in the finance and fur skin brokerage industry, with a focus on mink farming in Denmark. The company is shifting its focus towards finance-related business, sustainability, and technological collaboration.
YTD Price Performance: 0.0%
Average Trading Volume: 147,735,562
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.13B
For an in-depth examination of 1468 stock, go to TipRanks’ Stock Analysis page.
