Tiger Brokers

BLOKS (00325) Shareholder Transfers HK$545 Million Worth of Shares from CICC Hong Kong Securities to Goldman Sachs (Asia) Securities

Stock News
Yesterday

Hong Kong Exchanges and Clearing Limited's latest data reveals that on January 19, a shareholder of BLOKS (00325) transferred shares from China International Capital Corporation Hong Kong Securities to Goldman Sachs (Asia) Securities. The transferred shares had a market value of HK$545 million, accounting for 3.13% of the holdings. Recently, Huaxin Securities issued a research report stating that, considering the Chinese trendy toy industry is still on an upward trajectory, BLOKS, as a leading enterprise in buildable block figure toys, is poised to benefit fully from the industry's expansion. Furthermore, the group continuously adds new cooperative IPs and launches new products in a rhythmic manner, leading to steady earnings growth, which supports the maintenance of a "Buy" investment rating.

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