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The latest announcement is out from China High Speed Transmission Equipment Group Co ( (HK:0658) ).
China High Speed Transmission Equipment Group Co., Ltd. has completed an independent investigation into issues related to agreements and relevant amounts within its subsidiaries. The investigation, which included extensive data analysis and interviews, revealed key findings and identified potential weaknesses in internal controls. The company is now considering next steps to address these findings, although the investigation faced limitations such as incomplete records and lack of access to certain devices.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
More about China High Speed Transmission Equipment Group Co
China High Speed Transmission Equipment Group Co., Ltd. operates in the transmission equipment industry, focusing on the production and distribution of high-speed transmission equipment. The company is involved in various subsidiaries and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 86.90%
Average Trading Volume: 2,177,696
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.57B
Find detailed analytics on 0658 stock on TipRanks’ Stock Analysis page.