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CITIC ( (HK:0267) ) has provided an announcement.
CITIC Limited announced an updated final cash dividend for the year ending December 31, 2024, amounting to RMB 0.36 per share, with an option to receive the dividend in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09494. This announcement reflects CITIC’s commitment to providing shareholder value and may influence investor sentiment positively, as it demonstrates the company’s financial stability and ability to generate returns for its shareholders.
The most recent analyst rating on (HK:0267) stock is a Buy with a HK$11.25 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.
More about CITIC
CITIC Limited is a diversified company operating in various sectors, including financial services, resources and energy, manufacturing, engineering contracting, and real estate. It is primarily focused on the Chinese market, offering a wide range of products and services to meet the needs of its stakeholders.
Average Trading Volume: 27,884,577
Technical Sentiment Signal: Buy
Current Market Cap: HK$328.7B
Find detailed analytics on 0267 stock on TipRanks’ Stock Analysis page.