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Hengtai Securities Renews Property Leasing Agreement with Desheng Investment

Story Highlights
  • Hengtai Securities will lease properties from Desheng Investment for two years starting in 2025.
  • The agreement involves connected transactions requiring reporting and review under Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hengtai Securities Renews Property Leasing Agreement with Desheng Investment

Confident Investing Starts Here:

Hengtai Securities Co., Ltd. Class H ( (HK:1476) ) has issued an update.

Hengtai Securities Co., Ltd. has entered into a New Framework Agreement with Desheng Investment to lease properties in the PRC for two years starting January 2025. This agreement, which continues from the expired 2022 Framework Agreement, involves connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholder approval.

More about Hengtai Securities Co., Ltd. Class H

Hengtai Securities Co., Ltd. is a financial services company operating in the securities industry. It provides a range of services including brokerage, investment banking, and asset management, with a market focus on the People’s Republic of China and Hong Kong.

YTD Price Performance: -27.45%

Average Trading Volume: 500,612

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$3.85B

For a thorough assessment of 1476 stock, go to TipRanks’ Stock Analysis page.

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