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The latest announcement is out from China Risun Group Ltd. ( (HK:1907) ).
China Risun Group Limited has announced the termination of a framework agreement with Beijing SinoHytec regarding a potential disposal and capital increase. The decision was made due to the inability to reach a consensus on the definitive plan, but the company assures that this will not adversely affect its business operations or financial position. The group remains open to future strategic cooperation with Beijing SinoHytec.
The most recent analyst rating on (HK:1907) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on China Risun Group Ltd. stock, see the HK:1907 Stock Forecast page.
More about China Risun Group Ltd.
China Risun Group Limited is a company incorporated in the Cayman Islands, operating primarily in the industrial sector. It is involved in various strategic partnerships and market activities, focusing on potential strategic cooperation.
Average Trading Volume: 11,396,485
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.69B
For an in-depth examination of 1907 stock, go to TipRanks’ Overview page.