New Huo Technology Adjusts Asset Management Caps

New Huo Technology Holdings Limited (HK:1611) has released an update.

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New Huo Technology Holdings Limited has announced a revision of its annual caps for the Asset Management Services Framework Agreement II, after the 2023/24 transaction amount exceeded expectations. This adjustment comes as new investors are anticipated to join the Existing Funds II, potentially increasing management fees. The company assures that all other terms of the agreement remain unchanged.

For further insights into HK:1611 stock, check out TipRanks’ Stock Analysis page.

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