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Maanshan Iron & Steel Co ( (HK:0323) ) just unveiled an announcement.
Maanshan Iron & Steel Co has entered into a Supplemental Agreement with China Baowu to revise the annual caps of their existing sale and purchase agreement due to increased demand. The revised caps significantly increase the transaction values for the years 2025 to 2027, requiring compliance with major transaction regulations under the Listing Rules, including independent shareholder approval.
The most recent analyst rating on (HK:0323) stock is a Hold with a HK$1.60 price target. To see the full list of analyst forecasts on Maanshan Iron & Steel Co stock, see the HK:0323 Stock Forecast page.
More about Maanshan Iron & Steel Co
Maanshan Iron & Steel Co is a joint stock limited company incorporated in the People’s Republic of China, operating in the steel industry. The company is involved in the production and sale of iron and steel products, catering primarily to the domestic market.
Average Trading Volume: 13,785,353
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.3B
Learn more about 0323 stock on TipRanks’ Stock Analysis page.