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Qidian International Co., Ltd. ( (HK:1280) ) just unveiled an update.
Qidian International Co., Ltd. has announced an update on legal proceedings involving its subsidiary, Anhui Four Seas, and its controlling shareholder, Yangzhou Huiyin Commercial Chain. The People’s Court of Tianjiaan District has issued a ruling to preserve assets of Yangzhou Huiyin up to RMB61,076,715, which includes bank accounts, real estate, and other assets. This ruling is part of the enforcement of a previous judgment and does not currently impact the company’s operations or financial position. The company will continue to monitor the situation and provide updates as necessary.
The most recent analyst rating on (HK:1280) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Qidian International Co., Ltd. stock, see the HK:1280 Stock Forecast page.
More about Qidian International Co., Ltd.
Average Trading Volume: 893,974
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.68B
Find detailed analytics on 1280 stock on TipRanks’ Stock Analysis page.