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China Hongqiao Group Ltd. ( (HK:1378) ) has shared an announcement.
China Hongqiao Group Limited announced a voluntary on-market share repurchase of 5,567,000 ordinary shares, representing approximately 0.06% of the company’s issued shares. This move, reflecting management’s confidence in the company’s long-term strategy, aims to adjust the public float and is considered beneficial for stakeholders.
More about China Hongqiao Group Ltd.
China Hongqiao Group Limited is a company incorporated under the laws of the Cayman Islands, primarily engaged in the aluminum manufacturing industry. It is listed on the Stock Exchange of Hong Kong and has a significant presence in its market sector.
YTD Price Performance: -2.72%
Average Trading Volume: 29,707,732
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$108.4B
See more data about 1378 stock on TipRanks’ Stock Analysis page.
