China Summit (01280) rose more than 100% yesterday, and rose more than 20% in early trading today. At the time of publication, it rose 19.15%, with a transaction amount of 22.089 million Hong Kong dollars.
According to the Wisdom Finance APP, China Summit (01280) rose more than 100% yesterday, and rose more than 20% in early trading today. At the time of publication, it rose 19.15%, with a transaction amount of 22.089 million Hong Kong dollars.
On the news front, China Summit announced its intention to acquire all the issued share capital of Shengshang Entrepreneurial Services Co., Ltd at a price of HK$340 million, which will be paid by issuing and distributing 0.85 billion consideration shares at a price of HK$0.40 per share to the seller. It is reported that the target company is mainly engaged in investment and control. The target group is a training service provider for small and medium-sized enterprises and individual industrial and commercial households in China. Its target customers are entrepreneurs and senior management of small and medium-sized enterprises, as well as individual industrial and commercial households and customers who intend to start their own businesses.