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Shenyang Public Utility Holdings Announces Share Disposal in Chaozhou Rural Commercial Bank

Story Highlights
  • Shenyang Public Utility Holdings sold 5,400,000 shares of Chaozhou Rural Commercial Bank.
  • The transaction, valued at RMB13,500,000, is a discloseable transaction under Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shenyang Public Utility Holdings Announces Share Disposal in Chaozhou Rural Commercial Bank

Elevate Your Investing Strategy:

Shenyang Public Utility Holdings Co. Ltd. Class H ( (HK:0747) ) has provided an update.

Shenyang Public Utility Holdings Co. Ltd. has announced a discloseable transaction involving the sale of 5,400,000 shares of Chaozhou Rural Commercial Bank, representing approximately 0.205% of the bank’s total issued share capital, for RMB13,500,000. This transaction, executed through four Share Transfer Agreements, is subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules, indicating its significance in the company’s financial activities and potential impact on its investment portfolio.

More about Shenyang Public Utility Holdings Co. Ltd. Class H

Shenyang Public Utility Holdings Co. Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the public utility sector, focusing on investments and holdings that contribute to infrastructure and public services.

Average Trading Volume: 313,400

Technical Sentiment Signal: Sell

Current Market Cap: HK$67.59M

Learn more about 0747 stock on TipRanks’ Stock Analysis page.

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