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Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) has issued an update.
Chanjet Information Technology Co., Ltd. has announced the receipt of a filing notice from the China Securities Regulatory Commission (CSRC) for the proposed implementation of full circulation of its H Shares. This involves converting a significant portion of its domestic shares into H Shares, which will then be listed on the Hong Kong Stock Exchange. The move is expected to enhance the company’s market presence and liquidity, although the details of the conversion and listing plan are still being finalized.
The most recent analyst rating on (HK:1588) stock is a Buy with a HK$11.54 price target. To see the full list of analyst forecasts on Chanjet Information Technology Co., Ltd. Class H stock, see the HK:1588 Stock Forecast page.
More about Chanjet Information Technology Co., Ltd. Class H
Chanjet Information Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing information technology services. It is controlled by Yonyou Network Technology Co., Ltd., and operates in the technology sector with a focus on software and IT solutions.
Average Trading Volume: 86,074
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.07B
See more insights into 1588 stock on TipRanks’ Stock Analysis page.