tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Guolian Securities Terminates Planned Investment Partnership

Story Highlights
  • Guolian Securities focuses on private investment funds and strategic partnerships.
  • Termination of a planned investment fund will not impact Guolian Securities’ financials.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guolian Securities Terminates Planned Investment Partnership

Claim 50% Off TipRanks Premium and Invest with Confidence

Guolian Securities Co., Ltd. Class H ( (HK:1456) ) has provided an update.

Guolian Securities Co., Ltd. has announced the termination of a connected transaction involving the establishment of the Wuxi Guolian Tongzhi Technology Industry Investment Partnership. Despite initial plans for a RMB1.22 billion fund, no capital contributions were made, and the fund was not formally established. The decision to dissolve the partnership was made unanimously by all partners, and Guolian Capital will oversee the liquidation process. The termination will not negatively impact Guolian Securities’ financial position or operations, nor will it affect shareholder interests.

More about Guolian Securities Co., Ltd. Class H

Guolian Securities Co., Ltd. Class H operates in the financial services industry, primarily focusing on private investment funds through its subsidiary, Guolian Capital Co., Ltd. The company is involved in investment partnerships and capital management, with a market focus on leveraging strategic partnerships for investment opportunities.

Average Trading Volume: 5,853,029

Technical Sentiment Signal: Buy

Current Market Cap: HK$65.35B

See more data about 1456 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