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China Chengtong Delays Circular Dispatch for Major Transactions

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China Chengtong Delays Circular Dispatch for Major Transactions

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The latest announcement is out from China Chengtong Development Group Limited ( (HK:0217) ).

China Chengtong Development Group Limited announced a delay in the dispatch of a circular related to its major transactions, including leased assets transfer and sale and leaseback arrangements with several companies. The delay is due to the additional time needed to prepare and finalize the necessary information, and the company has been granted a waiver to extend the dispatch deadline to 15 August 2025. This extension may impact the company’s operational timelines and stakeholder communications.

More about China Chengtong Development Group Limited

China Chengtong Development Group Limited is a company incorporated in Hong Kong with limited liability, operating in the financial leasing industry. It is involved in major transactions such as leased assets transfer arrangements and sale and leaseback arrangements.

YTD Price Performance: 69.44%

Average Trading Volume: 4,619,791

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.2B

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

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