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China MeiDong Auto Holdings ( (HK:1268) ) has shared an update.
China MeiDong Auto Holdings Limited has announced an Extraordinary General Meeting (EGM) scheduled for June 10, 2025, to consider and approve a new 2025 Share Option Scheme. This scheme, pending approval from The Stock Exchange of Hong Kong Limited, aims to enhance the company’s equity incentive plans by allowing the issuance of new shares under specified conditions, potentially impacting the company’s market positioning and shareholder value.
The most recent analyst rating on (HK:1268) stock is a Buy with a HK$2.70 price target. To see the full list of analyst forecasts on China MeiDong Auto Holdings stock, see the HK:1268 Stock Forecast page.
More about China MeiDong Auto Holdings
China MeiDong Auto Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the automotive industry. The company focuses on the sales and servicing of automobiles, leveraging its market presence in Hong Kong.
Average Trading Volume: 6,464,118
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.77B
See more data about 1268 stock on TipRanks’ Stock Analysis page.