Digital China Sells Some Holdings in Digital China Information Service Group
MT Newswires Live
Jan 12
Digital China Holdings (HKG:0861) said it sold a portion of its holdings in Digital China Information Service Group (SHE:000555) for HK$226 million, according to a Hong Kong bourse filing Sunday.
Shares of the IT firm gained nearly 3% in morning trade Monday.
The firm sold 11.9 million DCITS shares, representing 1.22% of the business by way of centralized bidding and block trades.
Digital China continues to hold 377.6 million shares representing 38.70% of the business following the transactions.
The firm had announced plans to sell 2.95% of the entire share capital of DCITS in December 2025, and the disposal remains ongoing, Digital China said.
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