Chinasoft Chairman Boosts Stake in Vote of Confidence
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Chinasoft International's chairman, Dr. Chen Yuhong, has increased his stake by purchasing 2 million shares at HK$3.4043 each, totaling HK$6.81 million. His ownership now stands at approximately 11.79% of the company. This move is seen as a vote of confidence in Chinasoft's future, although the company advises caution to investors regarding share performance. The latest analyst rating for Chinasoft stock is a Sell, with a price target of HK$5.00. Chinasoft is a Hong Kong-listed IT services provider focused on software development and technology consulting.
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