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Kunming Dianchi Water Treatment Announces Unfreezing of Major Equity Stake

Story Highlights
  • Kunming Dianchi Water Treatment operates in the water treatment industry in China.
  • The company’s major equity stake has been unfrozen by a court ruling, impacting operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kunming Dianchi Water Treatment Announces Unfreezing of Major Equity Stake

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Kunming Dianchi Water Treatment Co., Ltd. Class H ( (HK:3768) ) just unveiled an update.

Kunming Dianchi Water Treatment Co., Ltd. announced that the People’s Court of Xishan District has ruled to unfreeze the 60.95% equity interest in the company previously held by Kunming Dianchi Investment. This decision, prompted by an application from BOCOM International Trust Co., Ltd., may impact the company’s operations and stakeholder interests as the board continues to monitor and disclose relevant updates regarding the judicial status of these shares.

The most recent analyst rating on (HK:3768) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Kunming Dianchi Water Treatment Co., Ltd. Class H stock, see the HK:3768 Stock Forecast page.

More about Kunming Dianchi Water Treatment Co., Ltd. Class H

Kunming Dianchi Water Treatment Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the water treatment industry. The company operates with its subsidiaries and is listed on the Stock Exchange of Hong Kong Limited.

Average Trading Volume: 240,233

Technical Sentiment Signal: Buy

Current Market Cap: HK$771.8M

See more data about 3768 stock on TipRanks’ Stock Analysis page.

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