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Chuang’s Consortium International ( (HK:0367) ) has provided an update.
Chuang’s Consortium International Limited has announced the completion of a very substantial disposal involving the sale of a share and a loan. The company received HK$538 million in cash, with HK$193 million used to repay a bank loan and interest. As a result of this transaction, the target company is no longer a subsidiary of Chuang’s Consortium, potentially impacting its operational structure and market positioning.
The most recent analyst rating on (HK:0367) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Chuang’s Consortium International stock, see the HK:0367 Stock Forecast page.
More about Chuang’s Consortium International
Average Trading Volume: 300,845
Technical Sentiment Signal: Sell
Current Market Cap: HK$602.1M
Find detailed analytics on 0367 stock on TipRanks’ Stock Analysis page.