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China Chengtong Announces Delay in Circular Dispatch for Major Transaction

Story Highlights
  • China Chengtong delays dispatch of circular for major sale and leaseback transaction.
  • The company seeks extension to finalize information, indicating commitment to regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Chengtong Announces Delay in Circular Dispatch for Major Transaction

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An update from China Chengtong Development Group Limited ( (HK:0217) ) is now available.

China Chengtong Development Group Limited has announced a delay in the dispatch of a circular related to its major transaction involving a sale and leaseback arrangement with Hebei Jingtang Industrial Technology Co., Ltd. and China 22nd Metallurgical Construction Corporation Limited. The company has applied for a waiver from the Stock Exchange to extend the deadline for dispatching the circular to January 19, 2026, citing the need for additional time to prepare and finalize the necessary information. This delay indicates the company’s ongoing commitment to complying with regulatory requirements while managing its operational timelines.

The most recent analyst rating on (HK:0217) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on China Chengtong Development Group Limited stock, see the HK:0217 Stock Forecast page.

More about China Chengtong Development Group Limited

China Chengtong Development Group Limited is a company incorporated in Hong Kong, primarily involved in major transactions such as sale and leaseback arrangements, which are significant under the Listing Rules of the Hong Kong Stock Exchange.

YTD Price Performance: 12.96%

Average Trading Volume: 2,535,982

Technical Sentiment Signal: Sell

Current Market Cap: HK$714.3M

For detailed information about 0217 stock, go to TipRanks’ Stock Analysis page.

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