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An update from China Water Industry Group Limited ( (HK:1129) ) is now available.
China Water Industry Group Limited has received a Notice of Intention to Appear from a creditor, Gao Yuan, supporting a winding-up petition filed by the International Finance Corporation. The company is actively seeking legal advice and negotiating with creditors to resolve the matter and potentially withdraw the petition, while advising shareholders and investors to exercise caution.
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 water supply and sewage treatment services. The company is listed on the Hong Kong Stock Exchange and is involved in infrastructure projects related to water management.
Average Trading Volume: 2,116,020
Technical Sentiment Signal: Sell
Current Market Cap: HK$202.3M
See more insights into 1129 stock on TipRanks’ Stock Analysis page.