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[Tebu International shares soar 5%Pokerdicerules.18% of the transaction volume reached 5519Pokerdicerules.4.56 million Hong Kong dollars] Tebu International shares rose significantly in morning trading.PokerdicerulesThe share price rose 5.18% to HK $5.89, and the turnover climbed to HK $55.19456 million. [special step International spun off the loss-making business for $151 million and declared a special dividend] it announced the sale of the loss-making business to the Ding family for $151 million, involving the entire share capital of KPGLOBAL of the Galaxy and Paladin brand businesses. In addition, the company also announced a special dividend of $0.447 per share. [Lyon]Pokerdicerules: the sale of KPGlobal will help improve profitability and lighten the burden.] Leon published a research report saying that the sale of KPGlobal will improve the company's profitability and reduce the burden on operations. Management aims to complete the deal in August this year, which is expected to have a significant positive impact on next year's results. At the same time, shareholders are expected to receive more dividend returns as the previous closing price is close to the conversion price. [Lyon raises Special step International's target price to maintain "outperform market" rating] based on the above analysis, Lyon raised its target price from HK $5.1 to HK $5.50 and maintained its "outperform" rating.
