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
The latest announcement is out from Shengli Oil & Gas Pipe Holdings Ltd. ( (HK:1080) ).
Shengli Oil & Gas Pipe Holdings Ltd. issued a clarification announcement regarding a recent media article that inaccurately reported a potential collaboration with a financial platform. The company clarified that while a representative from the financial platform visited one of its subsidiary’s factories, no discussions about collaboration took place, and there are no current plans to engage in such an arrangement. The announcement emphasizes the importance of relying on official company statements for accurate information and advises caution to shareholders and potential investors regarding market rumors.
More about Shengli Oil & Gas Pipe Holdings Ltd.
Shengli Oil & Gas Pipe Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the oil and gas pipe manufacturing industry. The company operates through its subsidiaries, including Shandong Shengli Steel Pipe Co., Ltd., focusing on providing high-quality steel pipes for various industrial applications.
YTD Price Performance: 335.48%
Average Trading Volume: 11,721,864
Technical Sentiment Signal: Buy
Current Market Cap: HK$523M
See more insights into 1080 stock on TipRanks’ Stock Analysis page.