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Sinotrans ( (HK:0598) ) has issued an announcement.
Sinotrans Limited has announced an adjustment to the exercise price of its Share Option Scheme, setting it at RMB 3.185 per share following the distribution of annual and interim dividends for 2024 and 2025. This adjustment, approved by the company’s board and audit committee, is not expected to significantly impact Sinotrans’ financial position or operational results, and complies with relevant equity incentive plan regulations.
The most recent analyst rating on (HK:0598) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Sinotrans stock, see the HK:0598 Stock Forecast page.
More about Sinotrans
Sinotrans Limited is a joint stock limited company incorporated in China, operating within the logistics and transportation industry. The company focuses on providing comprehensive logistics services, including freight forwarding, shipping agency, and warehousing, catering primarily to the Chinese market.
YTD Price Performance: 56.04%
Average Trading Volume: 9,339,774
Technical Sentiment Signal: Buy
Current Market Cap: HK$45.91B
See more insights into 0598 stock on TipRanks’ Stock Analysis page.