Summary by Moomoo AI
Asian Citrus Holdings Limited (Stock Code: 73) announced on August 20, 2024 that its wholly-owned subsidiary, Cheer Kind, has further sold 1,000 shares of NVIDIA stock on the market, with an average selling price of $127.59 per share, totaling approximately $128,000 (about HK$998,000) excluding transaction costs. This transaction is not a transaction that needs to be disclosed according to listing rules, but because the applicable percentage exceeds 5% but is below 25%, it constitutes a disclosure transaction together with previous sales. Asian Citrus Holdings stated that after this sale, the group's holdings of NVIDIA shares decreased to 5,670 shares. The proceeds from the sale will be used for the group's general operating funds or other investment opportunities. The board of directors believes that this move will help realize investment returns and is in the overall interest of the company and shareholders.