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Highest Performances Holdings Inc. (NASDAQ: HPH) has increased its shareholding in Fanhua Inc. to 51.1% by acquiring 565,000 American Depositary Shares on Nasdaq. The move showcases confidence in Fanhua's growth potential, with plans to further increase shareholdings due to the stock price undervaluing its long-term value.
Highest Performances Holdings Inc. (NASDAQ: HPH) has signed a third supplementary agreement with White Group to fund Zhongxin International Sports Group Co, for bidding on intellectual property rights of sporting events. HPH will own 26.5% equity in Zhongxin with all profits attributed to HPH. The agreement includes joint investments in major sports events like F1 and International Tennis Federation events.
