China Innovation Investment Limited (HK:1217) has released an update.
China Innovation Investment Limited has announced the termination of its investment management agreement with Evergrande Securities (Hong Kong) Limited (ESHK), effective from October 3, 2024, due to ESHK’s decision to cease investment management services for listed investment companies. The company is actively seeking a new investment manager to comply with the applicable rules of the Hong Kong Stock Exchange and will update shareholders with any significant developments.
For further insights into HK:1217 stock, check out TipRanks’ Stock Analysis page.