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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 update 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 major sale and leaseback transactions with Xinjiang Huadian Xinte Energy Co., Ltd. and Dulan Daxueshan Wind Power Co., Ltd. The company has received a waiver from the Stock Exchange to extend the deadline for dispatching the circular to 15 December 2025, allowing additional time to prepare and finalize the necessary information. This delay could impact the company’s operational timeline and stakeholder expectations, but the waiver provides flexibility to ensure compliance with regulatory requirements.

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 operates in the financial services industry, focusing on sale and leaseback arrangements. The company is incorporated in Hong Kong and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: 11.11%

Average Trading Volume: 2,632,916

Technical Sentiment Signal: Hold

Current Market Cap: HK$738.2M

For an in-depth examination of 0217 stock, go to TipRanks’ Overview page.

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