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China Water Industry Group Limited ( (HK:1129) ) has shared an update.
China Water Industry Group Limited has received a winding-up petition filed by International Finance Corporation due to an outstanding loan amount. This legal action could impact the company’s operations, as any asset disposition or share transfer post-petition filing may be void without court validation, affecting shareholder transactions and market stability.
The most recent analyst rating on (HK:1129) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Water Industry Group Limited stock, see the HK:1129 Stock Forecast page.
More about China Water Industry Group Limited
China Water Industry Group Limited operates in the water industry, focusing on renewable resources investment through its subsidiaries. The company is engaged in providing water supply, sewage treatment, and other related services, primarily in China.
Average Trading Volume: 1,713,015
Technical Sentiment Signal: Hold
Current Market Cap: HK$467.8M
Learn more about 1129 stock on TipRanks’ Stock Analysis page.