tiprankstipranks
Trending News
More News >

Greater China Financial Holdings Updates on Trading Resumption Efforts

Story Highlights
Greater China Financial Holdings Updates on Trading Resumption Efforts

Don’t Miss TipRanks’ Half-Year Sale

Greater China Financial Holdings Limited ( (HK:0431) ) has provided an update.

Greater China Financial Holdings Limited has provided an update on its efforts to resume trading on the Hong Kong Stock Exchange. The company is focusing on stabilizing its industrial property business while exploring new opportunities in the tobacco sector. It is also working to dispose of its loss-making loan financing business in Beijing and is actively collecting outstanding loans in Ningbo. The company aims to re-comply with listing rules and resume trading as soon as possible, with plans to announce its 2024 annual results by March 2025.

More about Greater China Financial Holdings Limited

Greater China Financial Holdings Limited operates in the industrial property sector, maintaining stable warehouse operations with near-full occupancy rates. The company is also exploring opportunities in the tobacco industry and related products, aiming to leverage its supply chain network.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$77.76M

Find detailed analytics on 0431 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1