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Huaibei GreenGold Industry Investment Co., Ltd. Class H ( (HK:2450) ) has issued an announcement.
Huaibei GreenGold Industry Investment Co., Ltd., a joint stock company incorporated in China, announced a reorganization at the controlling shareholder level. Huaibei Hongjian Construction Engineering Co., Ltd. has been renamed as Huaibei Xinghuai Holding Co., Ltd. and transferred to Huaibei SASAC. Additionally, Xinghuai Mining was established and is wholly owned by Xinghuai Holding. The Securities and Futures Commission of Hong Kong granted a waiver for Xinghuai Mining from making a general offer for all issued shares of the company due to the proposed intra-group reorganization. Further announcements regarding the transfer of shares will be made in accordance with applicable laws and regulations.
The most recent analyst rating on (HK:2450) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Huaibei GreenGold Industry Investment Co., Ltd. Class H stock, see the HK:2450 Stock Forecast page.
More about Huaibei GreenGold Industry Investment Co., Ltd. Class H
Average Trading Volume: 271,155
Technical Sentiment Signal: Buy
Current Market Cap: HK$212.5M
For a thorough assessment of 2450 stock, go to TipRanks’ Stock Analysis page.