Kingboard Holdings sees HK$1.11 billion in share transfers, representing 2.21% of total market cap

Stock News08-07

According to the latest data from the Hong Kong Stock Exchange on August 6, KINGBOARD HLDG (00148) experienced a notable change in share positions, with a total transfer value of HK$1.11 billion, accounting for 2.21% of its market capitalization. Shareholders transferred 18.5338 million shares to Merrill Lynch Far East, while 10.5101 million shares were moved out of BNP Paribas.

KINGBOARD HLDG issued an announcement stating that the group expects to record a net profit exceeding HK$2.7 billion for the six months ending June 30, 2026, representing an increase of over approximately 4% compared to the same period in 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment