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China International Capital ( (HK:3908) ) has provided an announcement.
China International Capital Corporation Limited has announced a trading halt on its H shares and several notes listed on the Hong Kong Stock Exchange. This decision follows the signing of a legally binding cooperation agreement with Dongxing Securities and Cinda Securities to implement mergers through absorption and share exchanges. The proposed mergers, which are subject to regulatory approvals, aim to consolidate the companies with China International Capital Corporation as the surviving entity. The trading halt is in place pending compliance confirmations and further announcements.
The most recent analyst rating on (HK:3908) stock is a Buy with a HK$25.10 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.
More about China International Capital
China International Capital Corporation Limited is a joint stock company incorporated in the People’s Republic of China, focusing on investment banking services. It operates in the financial sector, offering a range of products including notes and securities, and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 29,439,418
Technical Sentiment Signal: Buy
Current Market Cap: HK$149.5B
For detailed information about 3908 stock, go to TipRanks’ Stock Analysis page.