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The latest update is out from Shengjing Bank Co. Ltd. Class H ( (HK:2066) ).
Shengjing Bank Co., Ltd. has announced that the voluntary conditional general cash offer by China International Capital Corporation Hong Kong Securities Limited on behalf of Shenyang Shengjing Financial Holding Investment Group Co., Ltd. to acquire all issued H shares and domestic shares has become unconditional as to acceptances. The offer has received valid acceptances for a significant portion of the shares, leading to the Offeror holding more than 50% of the voting rights in the bank, which may impact the bank’s listing status and its market positioning.
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 industry. It is involved in providing banking services and products, with a market focus on both domestic and international stakeholders.
Average Trading Volume: 192,790
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.63B
See more data about 2066 stock on TipRanks’ Stock Analysis page.