tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cinda International’s Parent Company Engages in Major Merger Talks

Story Highlights
  • Cinda International is in the financial services industry, focusing on securities trading.
  • Cinda Securities, Cinda International’s parent, is involved in merger talks with CICC and Dongxing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cinda International’s Parent Company Engages in Major Merger Talks

TipRanks Black Friday Sale

The latest announcement is out from Cinda International Holdings Limited ( (HK:0111) ).

Cinda International Holdings Limited announced that its indirect controlling shareholder, Cinda Securities, has entered into a cooperation agreement with China International Capital Corporation Limited and Dongxing Securities Corporation Limited. This agreement involves proposed mergers through absorption and share exchanges by CICC, potentially impacting Cinda International’s market positioning and operations. The company will monitor the developments closely and advise shareholders to exercise caution when dealing with its securities.

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 operates in the financial services industry, focusing on securities trading and investment management. The company is indirectly controlled by Cinda Securities Co., Ltd., which is listed on the Shanghai Stock Exchange.

Average Trading Volume: 700,003

Technical Sentiment Signal: Hold

Current Market Cap: HK$237.2M

For detailed information about 0111 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1