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Shanghai Gench Education Group Limited ( (HK:1525) ) just unveiled an update.
Shanghai Gench Education Group Limited has announced that it subscribed to various wealth management products, specifically structured deposits, from financial institutions in Mainland China. These transactions, when aggregated, exceeded certain percentage ratios as per Hong Kong’s Listing Rules, making them discloseable transactions. The company initially failed to report these transactions due to a misunderstanding of the rules but has since implemented measures to improve internal controls and prevent future non-compliance.
The most recent analyst rating on (HK:1525) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Shanghai Gench Education Group Limited stock, see the HK:1525 Stock Forecast page.
More about Shanghai Gench Education Group Limited
Shanghai Gench Education Group Limited operates in the education sector, primarily focusing on providing educational services through its institutions in Mainland China.
Average Trading Volume: 580,163
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.19B
Find detailed analytics on 1525 stock on TipRanks’ Stock Analysis page.