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An update from First Tractor Co ( (HK:0038) ) is now available.
First Tractor Company Limited has established a Nomination Committee to enhance its corporate governance structure. This committee is tasked with optimizing the Board of Directors’ composition by setting criteria for selecting directors and senior management, reviewing candidates, and making recommendations for appointments or dismissals. This move is expected to strengthen the company’s governance and operational efficiency, potentially impacting its market positioning positively.
The most recent analyst rating on (HK:0038) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on First Tractor Co stock, see the HK:0038 Stock Forecast page.
More about First Tractor Co
First Tractor Company Limited operates in the manufacturing industry, focusing on the production of agricultural machinery and equipment. The company is a significant player in the market, providing tractors and related products to enhance agricultural productivity.
YTD Price Performance: 1.81%
Average Trading Volume: 4,465,474
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.81B
For a thorough assessment of 0038 stock, go to TipRanks’ Stock Analysis page.