Global Engine Group Holding Limited Ordinary Shares Price & Performance (GLE)

Wuling Industrial has experienced notable equity share dilutions in its subsidiary, Wuling New Energy, following substantial capital injections by third-party investors. The company's equity stake in Wuling New Energy was further reduced after a fund-raising round in 2024. Additionally, Wuling Industrial divested stakes in two other companies, altering its portfolio.1

Hong Kong-based Global Engine Group is set to debut on NASDAQ under the ticker “GLE,” aiming to raise up to $15 million through its IPO. The company, specializing in ICT solutions and project management services, plans to issue three million shares priced between $4 and $5 each.2

Global Blue Group Holding AG has reported a 101.4% increase in short interest as of February 28, 2025, compared to mid-February. Despite this, the company's stock showed minor gains in recent trading, closing at $7.34. Analysts are closely monitoring the stock's performance amid this development.3