Summary by Moomoo AI
Asian Citrus Holdings Limited sold a total of 600 shares of NVIDIA stock through its wholly-owned subsidiary Cheer Kind on August 14-25, 2023, for a total transaction amount of approximately $265,000. On July 3, 2024, the group sold an additional 6,000 shares of NVIDIA stock for a total of approximately $734,000. On the same day, the group also acquired 1,570 shares of MSFT stock through Cheer Kind for a total consideration of approximately $720,000. These transactions are disclosed under Listing Rule 14.06(2) as the percentage ratios involved exceed 5% but are less than 25%. Asian Citrus stated that the sale of NVIDIA stock was to realize investment income, while the acquisition of MSFT stock was based on positive views of their financial performance and future prospects, aiming to increase the group's investment return. After the completion of the transactions, the group holds 800 shares of NVIDIA stock and 3,770 shares of MSFT stock.