Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Shandong International Trust Corp. Class H ( (HK:1697) ) has provided an update.
Shandong International Trust Co., Ltd. announced the conditional agreements to sell its interests in the Parent Fund and Wanhe Fund to Lucion Venture Capital and Shandong High-Tech, respectively, for a total consideration of RMB203.5437 million. These transactions are classified as disclosable and connected transactions under the Listing Rules, requiring shareholder approval. The agreements are significant as they involve connected persons of the company, potentially impacting its financial structure and stakeholder relations.
More about Shandong International Trust Corp. Class H
Shandong International Trust Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. The company is involved in trust and investment services, focusing on managing and transferring fund interests.
Average Trading Volume: 596,100
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.84B
See more data about 1697 stock on TipRanks’ Stock Analysis page.