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An update from China Resources & Transportation Group Ltd. ( (HK:0269) ) is now available.
China Resources and Transportation Group Limited is actively working to resolve a disclaimer of opinion on its financial statements regarding going concern issues. The company is undergoing a debt restructuring process, with a significant portion of its secured and unsecured debts being converted into equity through Debt Capitalisation. Additionally, the company is in discussions with lenders and bondholders to reschedule debt repayments and is seeking new financing sources to improve liquidity.
The most recent analyst rating on (HK:0269) stock is a Sell with a HK$0.01 price target. To see the full list of analyst forecasts on China Resources & Transportation Group Ltd. stock, see the HK:0269 Stock Forecast page.
More about China Resources & Transportation Group Ltd.
China Resources and Transportation Group Limited is primarily involved in expressway operations, CNG gas stations, and the cultivation and sale of forage, agricultural products, and timber. The company continues its business operations as usual.
Average Trading Volume: 9,283,770
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$106.4M
For a thorough assessment of 0269 stock, go to TipRanks’ Stock Analysis page.