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Cinda International Holdings Limited ( (HK:0111) ) just unveiled an announcement.
Cinda International Holdings Limited announced the disposal of Shandong Hesheng Notes and Changyi Bowei Bonds, each with a principal amount of RMB30 million, on the open market. The transactions are considered discloseable under Hong Kong’s Listing Rules, as they exceed 5% of applicable percentage ratios but remain under 25%, thus requiring notification and announcement without shareholder approval. The disposals are part of the company’s investment strategy, and the buyers are independent third parties, ensuring no related party transactions.
The most recent analyst rating on (HK:0111) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cinda International Holdings Limited stock, see the HK:0111 Stock Forecast page.
More about Cinda International Holdings Limited
Average Trading Volume: 1,962,845
Technical Sentiment Signal: Buy
Current Market Cap: HK$352.7M
For a thorough assessment of 0111 stock, go to TipRanks’ Stock Analysis page.