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The latest announcement is out from Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ).
Chanjet Information Technology Co., Ltd. announced a decrease in shareholding by its controlling shareholder, Yonyou Network Technology Co., Ltd., which sold a portion of its shares to meet its development needs. Despite this disposal, Yonyou remains the majority shareholder and maintains confidence in Chanjet’s business operations. The transaction is expected to enhance the company’s shareholder base and liquidity without negatively impacting its operations.
The most recent analyst rating on (HK:1588) stock is a Buy with a HK$11.88 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 solutions. It operates within the IT industry, offering products and services that cater to various technological needs.
Average Trading Volume: 77,683
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.46B
For detailed information about 1588 stock, go to TipRanks’ Stock Analysis page.