China Foods Limited (HK:0506) has released an update.
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China Foods Limited has announced a Special General Meeting scheduled for December 6, 2024, where shareholders will vote on the 2024 Financial Services Agreement with COFCO Finance. This agreement includes various financial services like deposit and fund settlement services, setting a proposed daily deposit cap of RMB800 million. Investors will be keen to watch the outcomes of this meeting as it could impact the company’s financial strategies and stock performance.
For further insights into HK:0506 stock, check out TipRanks’ Stock Analysis page.
