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YH Entertainment Group ( (HK:2306) ) just unveiled an announcement.
YH Entertainment Group announced its subscription to 10,000 Class B shares in a fund, representing approximately 20% of the fund’s total shares. This investment, funded by the company’s internal resources, is aimed at diversifying its portfolio and enhancing profitability. The investment manager, Alpn Group Limited, is headed by Mr. Ren Zhixing, who has extensive experience in private equity investment. The decision to subscribe to the fund was considered fair and reasonable by the board, emphasizing the investment manager’s track record and stable investment returns.
More about YH Entertainment Group
YH Entertainment Group is a company incorporated in the Cayman Islands, operating in the entertainment industry. It is listed on the Stock Exchange of Hong Kong and focuses on diversifying its investment portfolio to enhance profitability.
YTD Price Performance: -4.76%
Average Trading Volume: 338,612
Technical Sentiment Consensus Rating: Buy
Learn more about 2306 stock on TipRanks’ Stock Analysis page.
