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
Planetree International Development Limited ( (HK:0613) ) just unveiled an update.
Planetree International Development Limited announced the disposal of listed securities by its subsidiary, Planetree (BVI) Capital Limited, due to concerns over the declining share price of Hao Tian International Construction Investment Group Limited. Despite the disposal, Hao Tian retains a significant shareholding and influence over PCL, maintaining a strategic alliance that supports aligned interests, resource sharing, and potential growth opportunities.
The most recent analyst rating on (HK:0613) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Planetree International Development Limited stock, see the HK:0613 Stock Forecast page.
More about Planetree International Development Limited
Planetree International Development Limited operates in the financial services industry, focusing on investment and development activities. The company engages in transactions involving listed securities and maintains strategic alliances with other firms to enhance its market position.
Average Trading Volume: 480,278
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.82B
See more data about 0613 stock on TipRanks’ Stock Analysis page.