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Chengdu Putian Telecommunications Cable Co., Ltd. Class H ( (HK:1202) ) just unveiled an announcement.
Chengdu SIWI Science and Technology Company Limited announced an extension of the public tender period for the potential disposal of its 100% equity interests in its subsidiary, Putian New Material. The initial tender period ended without any bids, prompting the company to extend the period under the same conditions for up to twelve months. The disposal has not yet materialized, and stakeholders are advised to exercise caution as the process continues.
The most recent analyst rating on (HK:1202) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Chengdu Putian Telecommunications Cable Co., Ltd. Class H stock, see the HK:1202 Stock Forecast page.
More about Chengdu Putian Telecommunications Cable Co., Ltd. Class H
Average Trading Volume: 327,667
Technical Sentiment Signal: Buy
Current Market Cap: HK$364M
For a thorough assessment of 1202 stock, go to TipRanks’ Stock Analysis page.