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Chanjet Information Technology Plans H Share Repurchase

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Chanjet Information Technology Plans H Share Repurchase

Confident Investing Starts Here:

The latest update is out from Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ).

Chanjet Information Technology Co., Ltd. has announced a domestic shareholders’ class meeting scheduled for May 2025 to discuss a special resolution. The resolution seeks approval for the Board to repurchase up to 10% of the company’s H Shares, which could impact the company’s market positioning and shareholder value.

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, operating in the technology sector. The company is listed on the Hong Kong Stock Exchange under the stock code 1588.

YTD Price Performance: 14.86%

Average Trading Volume: 111,354

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.04B

See more insights into 1588 stock on TipRanks’ Stock Analysis page.

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