Summary by Moomoo AI
ASIAN CITRUS sold 1,730 shares of NVIDIA through its wholly-owned subsidiary Cheer Kind on the market on December 18, 2024, at an average price of $128.91 per share, for a total consideration of about $223,000 (approximately HKD 1,739,000). This sale, along with past sales, constitutes a disclosure-required transaction, with a percentage ratio exceeding 5% but less than 25%. Due to this sale, the group expects to recognize an unaudited gain of approximately $8,500 (about HKD 66,000). The proceeds from the sale will be used as general operating funds or for other appropriate investment opportunities. The Directors believe that this sale presents an opportunity to realize investment returns, is fair and reasonable, and aligns with the overall interests of the company and Shareholders. After completing this and past sales, ASIAN CITRUS still Holds 3,940 shares of NVIDIA. NVIDIA is a Delaware company listed on Nasdaq, primarily engaged in designing GPUs, application programming interfaces for data science and high performance computing, and system-on-chip units for mobile computing and the automobiles market, being a major supplier of AI Hardware and software.