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Jinhui Holdings Co. Ltd. ( (HK:0137) ) just unveiled an announcement.
Jinhui Holdings’ approximately 55.69%-owned indirect subsidiary has acquired three equity-linked fixed coupon notes (FCNs) issued by BNP Paribas, with a total principal of CNY24 million, linked to shares of major Hong Kong-listed companies including China Unicom, China Mobile, Hong Kong and China Gas, Hong Kong Exchanges and Clearing, and Alibaba. Funded by internal resources, the short-tenor, high-coupon FCNs are treated as a single discloseable transaction under Hong Kong listing rules, triggering reporting and announcement obligations and signaling Jinhui’s active use of structured investment products alongside its core shipping operations.
The most recent analyst rating on (HK:0137) stock is a Hold with a HK$0.75 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 Company Limited is a Hong Kong-incorporated investment holding company whose subsidiaries are primarily engaged in international ship chartering and ship owning, with additional activities in investment trading through certain indirect subsidiaries.
YTD Price Performance: 1.47%
Average Trading Volume: 76,923
Technical Sentiment Signal: Sell
Current Market Cap: HK$365.9M
For a thorough assessment of 0137 stock, go to TipRanks’ Stock Analysis page.