Kwung's Holdings (HKG:1925) said it partially redeemed its interests in the Jihai Zhize Panshi Private Equity Investment Fund, according to a Hong Kong bourse filing Thursday.
The firm redeemed 30 million yuan from the fund for a gain of 1.5 million yuan. This is the second time the firm redeemed its interest; earlier in December, the firm said it had redeemed 30 million yuan.
Kwung's made a 90 million yuan investment in the fund in January.
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