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Jilin Jiutai Rural Commercial Bank Corporation Limited Class H ( (HK:6122) ) just unveiled an update.
Jilin Jiutai Rural Commercial Bank Corporation Limited has announced a discloseable transaction involving the disposal of its 78.51% equity interest in Hanshan Huimin Village and Township Bank to Hanshan Rural Commercial Bank for RMB40.4 million. This transaction, which does not require shareholder approval, is part of the bank’s strategic realignment and may impact its market positioning by reducing its involvement in the target company.
More about Jilin Jiutai Rural Commercial Bank Corporation Limited Class H
Jilin Jiutai Rural Commercial Bank Corporation Limited is a joint stock company incorporated in the People’s Republic of China. It operates within the banking industry, focusing on providing financial services in rural areas.
Average Trading Volume: 8,824,666
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.08B
For a thorough assessment of 6122 stock, go to TipRanks’ Stock Analysis page.