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
Shandong Molong Petroleum Machinery ( (HK:0568) ) just unveiled an update.
Shandong Molong Petroleum Machinery Company Limited has announced new rules of procedure for its Board of Directors. These rules aim to standardize decision-making processes and improve operational efficiency in accordance with Chinese laws and regulations. This move is expected to enhance the company’s governance structure and ensure compliance with legal standards, potentially strengthening its market position and stakeholder confidence.
The most recent analyst rating on (HK:0568) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Shandong Molong Petroleum Machinery stock, see the HK:0568 Stock Forecast page.
More about Shandong Molong Petroleum Machinery
YTD Price Performance: 238.84%
Average Trading Volume: 58,628,411
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.34B
For detailed information about 0568 stock, go to TipRanks’ Stock Analysis page.