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Millet plans to buy back shares in the open market at HK$12 billion before opening up 3.7%.

via:新浪科技     time:2019/9/3 10:00:24     readed:67

On 2 September,millet Shares have fallen again, hitting an all-time low of HK $8.28 at the end of the year. So far this year, they have plunged nearly 36% and lost more than HK $100 billion in market value.

On August 30th, according to the latest application for issuance of stocks issued by the Securities Regulatory Commission, the millet group appeared on the list of enterprises terminating the examination, which means that millet formally withdrew the application for issuance of CDR in China. Minmi insiders told reporters that at present, the company concentrates on the development of the group business and has sufficient capital, so it decided to terminate the main board depository receipts public issuance.

According to news on August 26, the Hong Kong Stock Exchange disclosed that Lin Bin, president of Xiaomi Group, sold Xiaomi shares for three days in a row, 26.7 million shares for HK $9.0731 on August 21, 5.5596 million shares on August 22, 9.0476 million shares on August 23, and a total of 41.3072 million shares in three days.

On August 20, millet announced its results. The adjusted net profit of millet group in the first half of the year was 5.716 billion yuan, an increase of 49.8% over the same period last year. The adjusted net profit in the second quarter was 3.64 billion yuan, an increase of 71.7% over the same period last year. Revenue in the second quarter was 52 billion yuan, and the market expected 53.521 billion yuan, compared with 45.236 billion yuan in the same period last year.

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