tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beijing Xunzhong Aligns Financial Reporting with CASBE Standards

Story Highlights
Beijing Xunzhong Aligns Financial Reporting with CASBE Standards

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Beijing Xunzhong Communication Technology Co., Ltd. Class H ( (HK:2597) ) has shared an announcement.

Beijing Xunzhong Communication Technology Co., Ltd. has announced an alignment in the preparation of its financial statements in accordance with CASBE, following its dual-listing status and the completion of its Global Offering. This move aims to enhance efficiency and reduce costs related to disclosure and audit expenses. The company plans to prepare only one set of audited financial statements under CASBE, subject to shareholder approval, and expects no material impact on its financial position or results.

More about Beijing Xunzhong Communication Technology Co., Ltd. Class H

Beijing Xunzhong Communication Technology Co., Ltd. is a joint stock company incorporated in China, operating in the communication technology industry. It is dual-listed on the NEEQ and the Stock Exchange of Hong Kong, focusing on providing communication technology solutions.

Average Trading Volume: 100,800

Current Market Cap: HK$1.98B

Find detailed analytics on 2597 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1