Stock Position Shift at CCTC: HK$948 Million Deposited, HSBC Receives 3.59 Million Shares From a Shareholder

Stock News08-11

Data from the Hong Kong Stock Exchange revealed a notable position change for CCTC ( 06951 ) on August 10. The total value of deposited shares reached HK$948 million, representing 11.04% of the company's issued shares.

A shareholder of CCTC deposited 3.59 million shares into Hong Kong and Shanghai Banking Corporation (HSBC), increasing their shareholding ratio by 0.45%.

CCTC has issued a profit forecast. The group expects its net profit attributable to shareholders of the listed company for the period from January 1, 2026, to June 30, 2026 (the reporting period) to be between RMB 1.794 billion and RMB 2.041 billion. This represents a year-on-year increase of 45% to 65%.

Additionally, the net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, is expected to be between RMB 1.653 billion and RMB 1.92 billion, a year-on-year increase of 55% to 80%.

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