Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Shenwan Hongyuan (H.K.) Limited ( (HK:0218) ) is now available.
Shenwan Hongyuan (H.K.) Limited, a company incorporated in Hong Kong, held an Extraordinary General Meeting (EGM) on September 1, 2025, to vote on proposed ordinary resolutions. The primary focus was the approval of a memorandum of understanding (MOU) with Shenwan Hongyuan Group Co., Ltd. regarding continuing connected transactions. The resolution was passed with 96.63% of the votes in favor, allowing the company’s directors to execute necessary actions to implement the MOU. This decision is significant for the company’s strategic operations and compliance with Hong Kong’s listing rules.
The most recent analyst rating on (HK:0218) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shenwan Hongyuan (H.K.) Limited stock, see the HK:0218 Stock Forecast page.
More about Shenwan Hongyuan (H.K.) Limited
YTD Price Performance: 22.70%
Average Trading Volume: 9,945,652
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.12B
For an in-depth examination of 0218 stock, go to TipRanks’ Overview page.