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The latest update is out from Shanghai Industrial Holdings ( (HK:0363) ).
Shanghai Industrial Holdings, a company indirectly controlled by the Shanghai Government, has announced a proposed internal reorganization. The reorganization involves changing the registered owner of its immediate controlling shareholder, SIIC, to Golden Bell. Despite this change, the ultimate control of the company remains with the Shanghai Government, as all entities involved are wholly owned by it. This announcement is made voluntarily, and stakeholders are advised to exercise caution when dealing with the company’s securities.
The most recent analyst rating on (HK:0363) stock is a Hold with a HK$15.50 price target. To see the full list of analyst forecasts on Shanghai Industrial Holdings stock, see the HK:0363 Stock Forecast page.
More about Shanghai Industrial Holdings
Average Trading Volume: 838,800
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.72B
For an in-depth examination of 0363 stock, go to TipRanks’ Overview page.