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WINNING TOWER: INTERIM REPORT 2024
Winning Tower (08362) released its interim results, with shareholders' net loss of HKD 0.414 million, a year-on-year 85.98% reduction in losses.
Winning Tower (08362) released its mid-year performance as of June 30, 2024. During this period, the group's...
WINNING TOWER: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Winning Tower (08362.HK) has obtained an off-market shareholding of 28 million ordinary shares by He Jianhua and related parties, with a value of approximately HKD 1.456 million.
On August 5th, according to the documents disclosed by the Hong Kong Stock Exchange, He Jianhua increased his shareholding in Winning Tower (08362.HK) by 28 million shares of common stock at an average price of HKD 0.052 per share, with a total value of approximately HKD 1.456 million. After the shareholding increase, He Jianhua's latest shareholding amount is 28 million shares, and the warehouse ratio has increased from 0.00% to 2.00%. Other related parties involved in this transaction include Yu Tingxi. Picture source: Stock ownership disclosure of the Stock Exchange (part of the event form) What is equity disclosure? According to the Hong Kong Stock Exchange's requirements, major shareholders (holding 5% or more of the stock)
Winning Tower (08362.HK) received an off-market shareholding of 28 million ordinary shares by Yu Tingxi and its affiliates, worth approximately HKD 1.456 million.
On August 5th, according to documents disclosed by the Hong Kong Stock Exchange, Yu Tingxi increased his shareholding of Winning Tower Group (08362.HK) by 28 million shares of common stock off the market at an average price of HKD 0.052 per share, with a total value of approximately HKD 1.456 million. After the increase, Yu Tingxi's latest shareholding is 28 million shares, and the good warehouse ratio has risen from 0.00% to 2.00%. This transaction involves other related parties: He Jianhua. Image source: HKEX equity disclosure (part of the event table). What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (holding 5% or more of the shares)
Soochow Securities: The food and beverage sector is in a stage of low-to-medium-speed transformation, and the rebound of the sector is waiting for the clearance of the business performance risk of listed companies or the reversal of demand expectations.
The current valuation of the food and beverage sector is relatively low, primarily due to concerns about future cash flow and profit downgrades. Short-term market pessimism has had an impact on the sector, and the sector's rebound is awaiting clarification of listed company performance risks, or a reversal of demand expectations, the latter depending on proactive fiscal and monetary policies at the macro level or verification of seasonal sales at the middle level.
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