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CITIC Telecom Approves Financial Framework Agreements at EGM

Story Highlights
  • CITIC Telecom operates in telecommunications with services such as voice, data, and communication solutions in Asia-Pacific.
  • Shareholders approved deposit service agreements with CITIC entities at the EGM, boosting operational compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CITIC Telecom Approves Financial Framework Agreements at EGM

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An announcement from CITIC Telecom International Holdings ( (HK:1883) ) is now available.

CITIC Telecom International Holdings announced the approval of an ordinary resolution at its Extraordinary General Meeting held on December 17, 2025. The resolution permits the provision of deposit services under various financial framework agreements with CITIC Bank and CITIC Finance, subject to Proposed Deposit Services Annual Caps. The approval reflects shareholder support for these agreements, which aim to enhance the company’s financial operational framework and ensure compliance with related party transaction protocols.

The most recent analyst rating on (HK:1883) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CITIC Telecom International Holdings stock, see the HK:1883 Stock Forecast page.

More about CITIC Telecom International Holdings

CITIC Telecom International Holdings operates in the telecommunications industry, focusing on providing integrated telecommunications services such as voice, data, and solution-based communication services. The company primarily serves corporate clients and has a strong presence in Hong Kong and the greater Asia-Pacific region.

Average Trading Volume: 4,316,354

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.36B

For a thorough assessment of 1883 stock, go to TipRanks’ Stock Analysis page.

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