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An announcement from Sany Heavy Equipment International Holdings Co ( (HK:0631) ) is now available.
Sany Heavy Equipment International Holdings Co announced a restructuring of its continuing connected transactions to facilitate the possible listing of Sany Heavy’s H shares on the Stock Exchange. This involves terminating existing agreements and entering new ones with Mr. Liang Wengen and his associates, excluding the Sany Heavy Group. The restructuring is not expected to impact the company’s financial position or operations adversely.
The most recent analyst rating on (HK:0631) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on Sany Heavy Equipment International Holdings Co stock, see the HK:0631 Stock Forecast page.
More about Sany Heavy Equipment International Holdings Co
Sany Heavy Equipment International Holdings Co is a company incorporated in the Cayman Islands, operating in the heavy equipment industry. It is part of the Sany Heavy Group, which focuses on manufacturing and selling heavy machinery and equipment.
YTD Price Performance: 84.93%
Average Trading Volume: 9,613,736
Technical Sentiment Signal: Buy
Current Market Cap: HK$25.69B
For detailed information about 0631 stock, go to TipRanks’ Stock Analysis page.