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Hi Sun Technology (China) Limited ( (HK:0818) ) has provided an update.
Hi Sun Technology (China) Limited announced that Mr. Tam Chun Fai, an independent non-executive director of the company, was involved in a disciplinary action related to his role at KWG Group Holdings Limited. The Stock Exchange’s Listing Committee found that Mr. Tam, along with other directors, failed to exercise reasonable skill and diligence in their duties. However, Hi Sun Technology’s board assessed that this incident does not impact Mr. Tam’s ability to serve as a director for Hi Sun, as it does not involve dishonesty or integrity issues, and Mr. Tam has agreed to comply with the required training.
The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.
More about Hi Sun Technology (China) Limited
Hi Sun Technology (China) Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company operates in the technology sector, focusing on providing a range of technology solutions and services.
Average Trading Volume: 3,951,669
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.53B
For detailed information about 0818 stock, go to TipRanks’ Stock Analysis page.