Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from CWT International Limited ( (HK:0521) ).
CWT International Limited has announced its intention to enter into a cooperation framework agreement with HNA Technology Co., Ltd. to collaborate in the field of commodity marketing. This partnership aims to enhance business opportunities by allowing HNA Technology to purchase metal products from CWT International for sale in China and other regions, with transactions based on fair pricing linked to the London Metal Exchange. The agreement, which is not exclusive and valid for three years, could potentially increase the company’s revenue and profit, although it is still in the planning stage and requires formal approvals.
More about CWT International Limited
CWT International Limited is a Hong Kong-based investment holding company that primarily engages in integrated logistics services and related engineering services. The company is also involved in commodity marketing and financial services.
YTD Price Performance: 89.33%
Average Trading Volume: 5,800,862
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.6B
For an in-depth examination of 0521 stock, go to TipRanks’ Stock Analysis page.