Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Affluent Foundation Holdings Ltd. ( (HK:1757) ) has shared an announcement.
Affluent Foundation Holdings Limited plans to change its English name to Global Chinese Business Club and adopt a new Chinese name, in a move the board says will better reflect the group’s strategic direction and intention to diversify beyond its current core business. The proposed rebranding, which remains subject to shareholder approval at an extraordinary general meeting and regulatory approval from the Cayman Islands registrar, is expected to enhance the company’s visibility in the market and support future business development without affecting shareholder rights or the validity and tradability of existing share certificates; new share certificates will be issued only under the new name once the change takes effect, and the company will later announce the effective date, any new stock short name and website details.
The most recent analyst rating on (HK:1757) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Affluent Foundation Holdings Ltd. stock, see the HK:1757 Stock Forecast page.
More about Affluent Foundation Holdings Ltd.
Affluent Foundation Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange. The group currently focuses on its existing principal business while signalling plans to broaden and diversify its business scope, with an emphasis on better aligning its corporate identity with its evolving strategic direction and market positioning.
Average Trading Volume: 3,275,211
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.91B
For a thorough assessment of 1757 stock, go to TipRanks’ Stock Analysis page.