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China Chengtong Delays Circular Dispatch for Major Transaction

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China Chengtong Delays Circular Dispatch for Major Transaction

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China Chengtong Development Group Limited ( (HK:0217) ) just unveiled an announcement.

China Chengtong Development Group Limited announced a delay in dispatching a circular related to its major transaction involving a sale and leaseback arrangement with Xinjiang Huadian Xinte Energy Co., Ltd. The company has applied for a waiver to extend the dispatch deadline to December 15, 2025, due to the need for additional time to finalize the circular’s contents. This delay may impact stakeholders awaiting the circular for further details on the transaction.

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, focusing on major transactions such as sale and leaseback arrangements, which are significant under the Hong Kong Listing Rules.

YTD Price Performance: 13.89%

Average Trading Volume: 3,131,446

Technical Sentiment Signal: Hold

Current Market Cap: HK$744.1M

Find detailed analytics on 0217 stock on TipRanks’ Stock Analysis page.

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