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China Infrastructure & Logistics Group Ltd. ( (HK:1719) ) has shared an update.
China Infrastructure & Logistics Group has signed a new set of 2026 Comprehensive Port Logistics Services Framework Agreements with Hubei Port to replace its existing 2023 agreements, extending their reciprocal provision of port logistics services for three years from 1 January 2026 to 31 December 2028. As these transactions are classified as continuing connected transactions under Hong Kong listing rules, and the relevant percentage ratios exceed the 5% threshold, they will be subject to reporting, annual review, disclosure and approval by independent shareholders at an extraordinary general meeting, with an independent board committee and Halcyon Capital Limited appointed to assess the fairness and commercial terms of the arrangements and advise minority investors on how to vote.
The most recent analyst rating on (HK:1719) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Infrastructure & Logistics Group Ltd. stock, see the HK:1719 Stock Forecast page.
More about China Infrastructure & Logistics Group Ltd.
China Infrastructure & Logistics Group Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates in the port and logistics sector, providing comprehensive port logistics services. Its operations are closely tied to the Hubei Port Group, whose Hong Kong subsidiary is the company’s controlling shareholder and a key counterparty for its logistics service arrangements.
Average Trading Volume: 164,800
Technical Sentiment Signal: Sell
Current Market Cap: HK$595.1M
Learn more about 1719 stock on TipRanks’ Stock Analysis page.