Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Phoenix Media Investment (Holdings) ( (HK:2008) ) has shared an update.
Phoenix Media Investment (Holdings) Limited has announced additional information regarding its internal control policy and procedures related to the Framework Lease Agreement. The company has established a robust internal control system to monitor connected transactions, ensuring compliance with listing rules and maintaining commercial terms. This includes reviewing transaction terms, comparing rent with market trends, and implementing a ‘warning’ system to prevent exceeding annual caps. The independent non-executive directors will conduct annual reviews to confirm transaction compliance, thereby reinforcing the company’s commitment to transparency and regulatory adherence.
The most recent analyst rating on (HK:2008) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Phoenix Media Investment (Holdings) stock, see the HK:2008 Stock Forecast page.
More about Phoenix Media Investment (Holdings)
Phoenix Media Investment (Holdings) Limited is a company incorporated in the Cayman Islands, primarily involved in media investment. It operates within the media industry, focusing on providing media-related services and products.
Average Trading Volume: 757,520
Technical Sentiment Signal: Buy
Current Market Cap: HK$833.9M
See more data about 2008 stock on TipRanks’ Stock Analysis page.