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An update from China Hongqiao Group Ltd. ( (HK:1378) ) is now available.
China Hongqiao Group Limited has entered into a Supply and Procurement Framework Agreement with Weiqiao Chuangye Group, effective from June 16, 2025, to December 31, 2027. This agreement involves mutual supply of resources and services between the two entities. The transactions are categorized as continuing connected transactions under the Hong Kong Listing Rules, requiring announcement, reporting, and annual review due to their percentage ratio, but they are exempt from more stringent requirements such as independent shareholders’ approval.
The most recent analyst rating on (HK:1378) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on China Hongqiao Group Ltd. stock, see the HK:1378 Stock Forecast page.
More about China Hongqiao Group Ltd.
Average Trading Volume: 40,644,931
Technical Sentiment Signal: Buy
Current Market Cap: HK$146.2B
See more insights into 1378 stock on TipRanks’ Stock Analysis page.