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The latest announcement is out from China Investments Holdings Limited ( (HK:0132) ).
Hing Yip Holdings Limited, incorporated in Bermuda, announced a major transaction involving the disposal of a 31% equity interest in Guangdong Nanhong Civil Explosives Co., Ltd. The valuation of this transaction was conducted using a discounted cash flow method, and it is regarded as a profit forecast under the Listing Rules. The announcement provides further details on the profit forecast, assuming that the target company will continue its operations and meet market demands post-transaction. The assumptions include stable economic conditions, compliance with laws, and consistent business operations, which are crucial for stakeholders to consider.
The most recent analyst rating on (HK:0132) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investments Holdings Limited stock, see the HK:0132 Stock Forecast page.
More about China Investments Holdings Limited
Average Trading Volume: 165,312
Technical Sentiment Signal: Sell
Current Market Cap: HK$424.7M
Find detailed analytics on 0132 stock on TipRanks’ Stock Analysis page.