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China Chengtong Development Group Approves Financial Services Agreement

Story Highlights
  • China Chengtong Development Group passed a resolution approving a Financial Services Agreement.
  • The agreement includes Deposit Services with a cap of RMB400 million, enhancing financial operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Chengtong Development Group Approves Financial Services Agreement

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

China Chengtong Development Group Limited announced the successful passing of a resolution at their General Meeting held on November 27, 2025. The resolution pertained to the approval of a Financial Services Agreement with Chengtong Finance, which includes the provision of Deposit Services with a cap of RMB400 million. The controlling shareholder, CCHK, abstained from voting due to a material interest in the agreement. The resolution was passed with 94.51% of votes in favor, indicating strong shareholder support for the agreement, which is expected to enhance the company’s financial operations.

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

YTD Price Performance: 13.89%

Average Trading Volume: 3,534,335

Technical Sentiment Signal: Sell

Current Market Cap: HK$732.2M

See more data about 0217 stock on TipRanks’ Stock Analysis page.

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