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An update from Jinhui Holdings Co. Ltd. ( (HK:0137) ) is now available.
Jinhui Holdings Co. Ltd. announced the disposal of a vessel by its subsidiary for approximately US$11.93 million. The transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, involves a structured payment plan and a ship mortgage to secure the Purchaser’s obligations. This strategic move aligns with market valuations and reflects the company’s ongoing efforts to optimize its fleet and financial performance.
The most recent analyst rating on (HK:0137) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Jinhui Holdings Co. Ltd. stock, see the HK:0137 Stock Forecast page.
More about Jinhui Holdings Co. Ltd.
Jinhui Holdings Co. Ltd. operates in the investment holding industry, with its subsidiaries primarily engaged in international ship chartering and ship owning. The company focuses on managing and operating a fleet of vessels for global shipping needs.
Average Trading Volume: 64,434
Technical Sentiment Signal: Buy
Current Market Cap: HK$381.8M
For an in-depth examination of 0137 stock, go to TipRanks’ Overview page.