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Shengjing Bank Co. Ltd. Class H ( (HK:2066) ) has issued an update.
Shengjing Bank Co. Ltd. announced the dispatch of a Composite Document related to a voluntary conditional general cash offer by China International Capital Corporation Hong Kong Securities Limited. This offer aims to acquire all issued H shares and domestic shares not already held by the offeror and its concert parties. The announcement also includes a proposed withdrawal of the bank’s H shares from listing, and notices for upcoming extraordinary general meetings. This move could significantly impact the bank’s market presence and shareholder structure.
More about Shengjing Bank Co. Ltd. Class H
Shengjing Bank Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. The bank focuses on providing a range of banking services and products, primarily targeting domestic markets.
YTD Price Performance: 5.83%
Average Trading Volume: 136,209
Technical Sentiment Signal: Hold
Current Market Cap: HK$11.17B
See more insights into 2066 stock on TipRanks’ Stock Analysis page.