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Hong Kong Exchanges & Clearing ( (HK:0388) ) just unveiled an update.
HKEX announced the forfeiture of unclaimed dividends from 2019, amounting to HK$18,686,498.56, which will revert to the company. This move highlights the company’s adherence to its Articles of Association and impacts stakeholders by reallocating unclaimed funds back to HKEX, potentially affecting shareholder equity and future financial statements.
The most recent analyst rating on (HK:0388) stock is a Buy with a HK$540.00 price target. To see the full list of analyst forecasts on Hong Kong Exchanges & Clearing stock, see the HK:0388 Stock Forecast page.
More about Hong Kong Exchanges & Clearing
Hong Kong Exchanges and Clearing Limited (HKEX) operates in the financial services industry, primarily focusing on the listing and trading of securities. It is regulated by the Securities and Futures Commission and is a key player in the Hong Kong stock market, facilitating the trading of shares and other financial instruments.
Average Trading Volume: 5,465,139
Technical Sentiment Signal: Buy
Current Market Cap: HK$554.5B
See more data about 0388 stock on TipRanks’ Stock Analysis page.