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China Harmony Auto Holding Limited ( (HK:3836) ) has issued an announcement.
China Harmony Auto Holding Limited has completed a major transaction involving the disposal of a 45% equity interest in a subsidiary company. Despite this disposal, the company retains a 55% stake, ensuring continued consolidation of the subsidiary’s financial results into the group’s statements. This strategic move is expected to impact the company’s financial structure and stakeholder interests by potentially enhancing operational focus and resource allocation.
More about China Harmony Auto Holding Limited
China Harmony Auto Holding Limited is a company incorporated in the Cayman Islands, primarily operating in the automotive industry. It is involved in the sale and service of automobiles, focusing on providing high-end vehicle brands and related services.
YTD Price Performance: 292.86%
Average Trading Volume: 2,415,150
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.22B
Find detailed analytics on 3836 stock on TipRanks’ Stock Analysis page.