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Bank of Gansu Co., Ltd. Class H ( (HK:2139) ) has issued an update.
Bank of Gansu Co., Ltd. has announced a connected transaction involving the transfer of Creditor’s Rights Assets to Gansu Assets Management. This move aims to alleviate the pressure of non-performing assets on the bank, with the transaction valued at RMB36,660,600. The transaction is subject to certain reporting requirements under the Hong Kong Stock Exchange Listing Rules due to its nature as a connected transaction, given the substantial shareholding of Gansu State-owned Assets Investment in the bank.
More about Bank of Gansu Co., Ltd. Class H
Bank of Gansu Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily operating in the financial services industry. The company focuses on banking services and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 2,448,327
Technical Sentiment Signal: Hold
Current Market Cap: HK$3.99B
For detailed information about 2139 stock, go to TipRanks’ Stock Analysis page.