TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Qidian International Co., Ltd. ( (HK:1280) ) has issued an announcement.
Qidian International Co., Ltd. has provided an update on legal proceedings involving its subsidiary, Anhui Four Seas. The court has ruled that if Yangzhou Huiyin Commercial Chain fails to meet its payment obligations, the court will enforce a judicial auction of the pledged 65% equity interest in Anhui Four Seas, prioritizing payment to the plaintiff, Huainan Jianle. This enforcement is considered a ‘forced sale’ and is not subject to the transaction requirements of Chapter 14 of the Listing Rules.
More about Qidian International Co., Ltd.
Average Trading Volume: 1,117,616
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.6B
Find detailed analytics on 1280 stock on TipRanks’ Stock Analysis page.