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China High Speed Transmission Equipment Group Co ( (HK:0658) ) has shared an announcement.
China High Speed Transmission Equipment Group Co., Ltd. has issued a voluntary announcement refuting claims made by Fullshare Holdings Limited regarding delays in interim results publication and alleged mismanagement. The company asserts that Fullshare’s accusations are unfounded and misleading, highlighting that it provided all necessary financial information in a timely manner. Furthermore, the company is seeking legal advice to protect its interests and condemns the defamatory statements made by Fullshare, urging them to cease spreading false information.
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 high-speed gear transmission systems. The company is known for its advanced technology and products that cater to various sectors, including wind power generation and industrial applications.
YTD Price Performance: 55.95%
Average Trading Volume: 1,603,125
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.14B
See more data about 0658 stock on TipRanks’ Stock Analysis page.