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The latest update is out from China Cinda Asset Management Co ( (HK:1359) ).
China Cinda Asset Management Co., Ltd. held its 2024 Annual General Meeting (AGM) on June 30, 2025, where all proposed resolutions were passed by a significant majority. The resolutions included the approval of the board’s work report, financial account plan, profit distribution plan, and the appointment of accounting firms for 2025. The company announced a final dividend distribution for 2024, amounting to approximately RMB911 million, which will be paid to shareholders in August 2025. This announcement reflects the company’s stable financial performance and commitment to shareholder returns.
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 leading asset management company in China, primarily engaged in the management of non-performing assets. The company focuses on providing financial solutions and services to distressed assets, contributing to the stabilization and development of the financial market in China.
YTD Price Performance: 7.87%
Average Trading Volume: 156,299,604
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$52.29B
Find detailed analytics on 1359 stock on TipRanks’ Stock Analysis page.