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Huajin International Holdings Ltd. ( (HK:2738) ) has provided an announcement.
Huajin International Holdings Ltd. has announced that it is in preliminary negotiations with a state-owned enterprise in Xinhui District, Jiangmen City, Guangdong Province, China, regarding a potential equity investment and operational cooperation with its subsidiary, Jiangmen Huajin Metal Trading Market Co., Ltd. This potential investment could become a significant transaction for the company, although no formal agreements have been made yet. Stakeholders are advised to exercise caution as the investment and cooperation may or may not proceed.
More about Huajin International Holdings Ltd.
Huajin International Holdings Ltd., incorporated in the Cayman Islands, operates in the metal trading industry through its subsidiary, Jiangmen Huajin Metal Trading Market Co., Ltd. The company focuses on the management and operation of metal trading terminals.
Average Trading Volume: 1,174,168
Technical Sentiment Signal: Sell
Current Market Cap: HK$192M
Find detailed analytics on 2738 stock on TipRanks’ Stock Analysis page.