tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Sunshine Paper Holdings Engages in Discloseable Financial Transactions

Story Highlights
China Sunshine Paper Holdings Engages in Discloseable Financial Transactions

TipRanks Cyber Monday Sale

An update from China Sunshine Paper Holdings Co. Ltd. ( (HK:2002) ) is now available.

China Sunshine Paper Holdings Co. Ltd., through its subsidiary Century Sunshine, has entered into two entrusted loan agreements with Qicheng Zhihui as the borrower. These agreements are part of a series of financial transactions that require disclosure under Hong Kong’s Listing Rules due to their aggregated value. The loans, totaling RMB50,000,000, are intended for use as general working capital by the borrower, Qicheng Zhihui, and are financed through the company’s internal resources.

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 with limited liability, primarily involved in the paper manufacturing industry. The company operates through its subsidiary, Century Sunshine, which engages in financial transactions and agreements.

Average Trading Volume: 67,071

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.79B

For a thorough assessment of 2002 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1