Cinda International Holdings Limited (HK:0111) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Cinda International Holdings Limited has reported the disposal of Asset-Backed Securities by its direct subsidiary, Cinda International (Shanghai), totaling approximately RMB 20 million, for a slight gain on the open market. The transaction also involved a connected transaction where a standard transaction commission was paid to Cinda Securities, which is connected to the company, but this did not require shareholder approval due to its minimal impact on the financial ratios.
For further insights into HK:0111 stock, check out TipRanks’ Stock Analysis page.