China State Construction International Holdings (HK:3311) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China State Construction International Holdings, through its subsidiary CSC International Investments, has entered into a factoring arrangement involving the transfer of receivables worth approximately RMB200 million. These receivables are connected to construction projects in Zibo City’s Zichuan District and will be factored by CCCF without the need for shareholder approval, as the transactions fall within reporting thresholds.
For further insights into HK:3311 stock, check out TipRanks’ Stock Analysis page.
