Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Hisense Home Appliances Group Co ( (HK:0921) ) has provided an announcement.
Hisense Home Appliances Group Co., Ltd. announced a series of connected transactions involving the acquisition of target equity and the disposal of assets. The company has agreed to acquire the remaining equity in a target company, increasing its ownership from 73.9994% to 100%, which will continue to be consolidated into the group’s financial results. Additionally, the company has entered into asset disposal agreements, selling certain asset groups to Hisense Visual and Guangdong Hisense Electric. These transactions are classified as connected transactions under the listing rules, and while they require announcements and reviews, they are exempt from certain other regulatory requirements.
The most recent analyst rating on (HK:0921) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Hisense Home Appliances Group Co stock, see the HK:0921 Stock Forecast page.
More about Hisense Home Appliances Group Co
Hisense Home Appliances Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the home appliances industry, focusing on manufacturing and selling a wide range of home appliances and related products.
Average Trading Volume: 3,527,355
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$39.95B
For a thorough assessment of 0921 stock, go to TipRanks’ Stock Analysis page.