Summary by Futu 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 HKD 998,000), excluding transaction costs. This transaction is not a transaction that requires disclosure under listing rules, but because the applicable percentage exceeds 5% but less than 25%, it constitutes a disclosure transaction together with past sales. Asian Citrus stated that after this sale, the group's holding of NVIDIA shares reduced to 5,670 shares. The proceeds from the sale will be used for the general operating funds of the group 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.