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Beijing Jingkelong Co. Ltd. Class H ( (HK:0814) ) has shared an update.
Beijing Jingkelong Co. Ltd. announced that its subsidiary, Chaopi Trading, has redeemed its investment in unlisted securities of an investment fund, amounting to approximately RMB26,528,000. This redemption, classified as a discloseable transaction under Hong Kong’s Listing Rules, does not affect the company’s consolidated profit due to adjustments in the fair value of the investment fund. The proceeds from this redemption will be used as general working capital for the company.
More about Beijing Jingkelong Co. Ltd. Class H
Beijing Jingkelong Co. Ltd. operates as a joint stock limited company in the People’s Republic of China. The company is involved in various business activities, including the trading and distribution of goods, with a focus on retail and wholesale operations.
Average Trading Volume: 205,750
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$115.4M
For a thorough assessment of 0814 stock, go to TipRanks’ Stock Analysis page.