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The latest update is out from China Sunshine Paper Holdings Co. Ltd. ( (HK:2002) ).
China Sunshine Paper Holdings Co. Ltd. announced the completion of an acquisition that increases its equity interest in a target company from 45% to 100%, making it a wholly owned subsidiary. This move consolidates the financial results of the target company into the group’s financials. Additionally, the company has terminated a previous profit guarantee agreement with the vendors and their guarantors, reflecting a strategic shift in its operational agreements.
The most recent analyst rating on (HK:2002) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Sunshine Paper Holdings Co. Ltd. stock, see the HK:2002 Stock Forecast page.
More about China Sunshine Paper Holdings Co. Ltd.
China Sunshine Paper Holdings Co. Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the paper manufacturing industry. The company, along with its subsidiaries, focuses on producing and distributing a variety of paper products.
Average Trading Volume: 68,615
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.7B
For detailed information about 2002 stock, go to TipRanks’ Stock Analysis page.