Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from China Cinda Asset Management Co ( (HK:1359) ).
China Cinda Asset Management Co., Ltd. has announced a board meeting scheduled for August 27, 2025, to consider and approve interim results for the first half of the year and discuss dividend payments for offshore preference shares. Additionally, the company has received a waiver from the Hong Kong Stock Exchange to delay the dispatch of a circular related to a major asset management contract transaction, now expected to be sent by August 29, 2025. This delay allows the company more time to finalize necessary financial statements, potentially impacting shareholder expectations and compliance timelines.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$0.65 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
More about China Cinda Asset Management Co
China Cinda Asset Management Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating primarily in the asset management industry. The company focuses on managing distressed assets and providing financial services, with a market presence that includes both domestic and international stakeholders.
Average Trading Volume: 198,784,138
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$56.87B
See more insights into 1359 stock on TipRanks’ Stock Analysis page.