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China Railway Group ( (HK:0390) ) has shared an update.
China Railway Group Limited has announced a meeting for its H share class shareholders to consider a special resolution regarding the repurchase of certain A shares through centralized bidding. This move is part of the company’s strategic financial management to optimize its capital structure, potentially impacting shareholder value and market perception positively.
The most recent analyst rating on (HK:0390) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on China Railway Group stock, see the HK:0390 Stock Forecast page.
More about China Railway Group
China Railway Group Limited operates in the infrastructure construction industry, focusing on engineering, procurement, and construction services. The company is a major player in the development of railways, highways, and urban transit systems, catering primarily to the Chinese market and expanding its reach globally.
Average Trading Volume: 31,911,643
Technical Sentiment Signal: Sell
Current Market Cap: HK$141.2B
See more insights into 0390 stock on TipRanks’ Stock Analysis page.