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China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) has issued an update.
China Tianrui Group Cement Co., Ltd. announced that the High Court dismissed a winding-up petition against its controlling shareholder, Yu Kuo. This development is significant for the company as it alleviates potential financial distress concerns, allowing the company to continue its operations without the looming threat of shareholder instability.
The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.
More about China Tianrui Group Cement Co., Ltd.
China Tianrui Group Cement Co., Ltd. operates in the cement industry, focusing on the production and distribution of cement products.
Average Trading Volume: 11,736,810
Technical Sentiment Signal: Sell
Current Market Cap: HK$940.4M
For detailed information about 1252 stock, go to TipRanks’ Stock Analysis page.