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Shandong Chenming Paper Holdings Co., Ltd. Class H ( (HK:1812) ) just unveiled an announcement.
Shandong Chenming Paper Holdings Limited announced an unusual price movement in its A Shares, which deviated by more than 12% over three consecutive trading days. The company clarified that there are no undisclosed material matters affecting the share price and that a syndicated loan of RMB2.31 billion has been approved to aid in the resumption of operations and production, which will be promoted based on financial and market conditions.
More about Shandong Chenming Paper Holdings Co., Ltd. Class H
Shandong Chenming Paper Holdings Co., Ltd. is a major player in the paper manufacturing industry, primarily engaged in the production and sale of paper products. The company operates within the People’s Republic of China and is listed on the Hong Kong Stock Exchange, focusing on expanding its market presence and operational capabilities.
Average Trading Volume: 2,961,807
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.73B
See more insights into 1812 stock on TipRanks’ Stock Analysis page.
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