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First Tractor Co ( (HK:0038) ) just unveiled an announcement.
First Tractor Co has established a Strategic Investment and Sustainable Development Committee to enhance its strategic development, improve investment decision-making, and boost the effectiveness of major investment decisions. This committee, composed of directors including independent ones, will focus on medium and long-term development strategies, potentially impacting the company’s market positioning and operational efficiency.
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 Co is a company that operates within the agricultural machinery industry, focusing on the production and development of tractors and related equipment. The company aims to enhance its competitiveness and improve decision-making processes through strategic investments and sustainable development initiatives.
YTD Price Performance: 1.81%
Average Trading Volume: 4,465,474
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.81B
Learn more about 0038 stock on TipRanks’ Stock Analysis page.