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China Financial Services Announces Major Capital Reduction Plan

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China Financial Services Announces Major Capital Reduction Plan

Elevate Your Investing Strategy:

China Financial Services Holdings Limited ( (HK:0605) ) has shared an update.

China Financial Services Holdings Limited has announced a proposed capital reduction, aiming to decrease its share capital account by HK$1,334,829,000 to HK$745,284,000. This move is intended to eliminate accumulated losses and improve financial health, subject to shareholder approval and regulatory conditions.

More about China Financial Services Holdings Limited

China Financial Services Holdings Limited is a company incorporated in Hong Kong, operating within the financial services industry. The company is primarily focused on providing financial solutions and services, with a market focus likely on the Hong Kong region.

YTD Price Performance: -35.03%

Average Trading Volume: 527,505

Technical Sentiment Signal: Buy

Current Market Cap: HK$206.4M

See more insights into 0605 stock on TipRanks’ Stock Analysis page.

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