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Bank of Gansu Co., Ltd. Class H ( (HK:2139) ) just unveiled an announcement.
Bank of Gansu Co., Ltd. has announced a significant transaction involving the sale of underperforming assets to Gansu Assets Management for RMB15.3 billion. This asset disposal, classified as a very substantial disposal under Hong Kong’s Listing Rules, requires approval from independent shareholders. The transaction is part of the bank’s strategy to optimize its asset portfolio, potentially impacting its financial standing and stakeholder interests.
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, operating in the financial sector. It primarily focuses on banking services and asset management, serving a diverse clientele in the region.
Average Trading Volume: 3,397,951
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.22B
See more data about 2139 stock on TipRanks’ Stock Analysis page.