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Changhong Jiahua Holdings Ltd. ( (HK:3991) ) has issued an update.
Changhong Jiahua Holdings Limited, in collaboration with Hongtu Investment Co., Limited, has announced a pre-conditional proposal for its privatization through a scheme of arrangement. The proposal’s implementation is contingent upon meeting several regulatory pre-conditions, including approvals from various Chinese authorities. As of now, these pre-conditions remain unmet, and stakeholders are advised to exercise caution as the proposal’s success is uncertain.
The most recent analyst rating on (HK:3991) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Changhong Jiahua Holdings Ltd. stock, see the HK:3991 Stock Forecast page.
More about Changhong Jiahua Holdings Ltd.
Average Trading Volume: 1,575,851
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.9B
See more insights into 3991 stock on TipRanks’ Stock Analysis page.