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An update from China Youran Dairy Group Limited ( (HK:9858) ) is now available.
China Youran Dairy Group Limited has announced a revision of the annual caps for its ongoing financial services agreement with Yili Finance Company due to an increase in required deposits. The revised caps, effective upon shareholder approval, will increase the maximum daily balance of deposits significantly for the periods ending in 2025 and 2026. This adjustment reflects the company’s growing financial needs and impacts its compliance with Hong Kong’s Listing Rules, requiring additional reporting and shareholder approvals.
The most recent analyst rating on (HK:9858) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on China Youran Dairy Group Limited stock, see the HK:9858 Stock Forecast page.
More about China Youran Dairy Group Limited
China Youran Dairy Group Limited operates in the dairy industry, focusing on providing a range of financial services, including deposit services, through agreements with financial institutions like Yili Finance Company.
Average Trading Volume: 24,529,292
Technical Sentiment Signal: Buy
Current Market Cap: HK$16.74B
See more insights into 9858 stock on TipRanks’ Stock Analysis page.