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The latest announcement is out from Chongqing Machinery & Electric Co. Ltd. Class H ( (HK:2722) ).
Chongqing Machinery & Electric Co., Ltd., a joint stock limited company incorporated in China, announced a change in its shareholding structure. The controlling shareholder, CQMEHG, has entered into an agreement to acquire 6.30% of the company’s shares from CCEG, increasing its holding to 61.04%. This transaction results in CCEG no longer holding any shares, while Yufu Holding remains the indirect controlling shareholder and Chongqing SASAC the ultimate controlling shareholder.
More about Chongqing Machinery & Electric Co. Ltd. Class H
Average Trading Volume: 22,495,829
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.96B
For detailed information about 2722 stock, go to TipRanks’ Stock Analysis page.