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Cinda International Holdings Limited ( (HK:0111) ) has shared an announcement.
Cinda International Holdings Limited announced the completion of a gratuitous transfer of shares by its indirect controlling shareholder, China Cinda. This transfer, approved by the National Financial Regulatory Administration, results in Huijin becoming the controlling shareholder of China Cinda, holding approximately 58% of its total issued shares. The transfer does not alter the status of China Cinda as a state-owned holding financial institution, and other controlling shareholders of Cinda International Holdings remain unchanged.
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
Cinda International Holdings Limited is a financial institution incorporated in Bermuda, primarily engaged in providing financial services. The company operates within the financial industry and is focused on maintaining its position as a state-owned holding financial institution.
Average Trading Volume: 1,911,912
Technical Sentiment Signal: Buy
Current Market Cap: HK$327M
See more insights into 0111 stock on TipRanks’ Stock Analysis page.