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China International Marine Containers (Group) Co., Ltd Class H ( (HK:2039) ) has shared an update.
China International Marine Containers (Group) Co., Ltd. has announced a plan to repurchase a portion of its A shares using self-owned funds, aiming to boost investor confidence and protect shareholder interests. The repurchase will be conducted through centralized bidding on the Shenzhen Stock Exchange, with a total capital allocation between RMB300 million and RMB500 million, reflecting the company’s strong financial position and commitment to enhancing shareholder value.
The most recent analyst rating on (HK:2039) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on China International Marine Containers (Group) Co., Ltd Class H stock, see the HK:2039 Stock Forecast page.
More about China International Marine Containers (Group) Co., Ltd Class H
China International Marine Containers (Group) Co., Ltd. is a leading company in the manufacturing industry, primarily focusing on the production of marine containers and related services. The company operates within the People’s Republic of China and is listed on the Shenzhen Stock Exchange, highlighting its significant presence in the market.
Average Trading Volume: 3,919,211
Technical Sentiment Signal: Buy
Current Market Cap: HK$44.07B
See more data about 2039 stock on TipRanks’ Stock Analysis page.