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Sinotrans ( (HK:0598) ) just unveiled an announcement.
Sinotrans Limited has announced its 2024 Annual General Meeting, scheduled for June 5, 2025, in Beijing, China. The meeting will address several key resolutions, including the approval for directors to issue additional H Shares, repurchase H Shares, and consider the updated mandate for debt financing instruments and estimated guarantees for 2025. These resolutions, if approved, could enhance the company’s financial flexibility and strategic positioning in the logistics industry, potentially impacting shareholder value and market competitiveness.
The most recent analyst rating on (HK:0598) stock is a Sell with a HK$3.60 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 the People’s Republic of China, operating primarily in the logistics and transportation industry. The company focuses on providing comprehensive logistics services, including freight forwarding, shipping agency, and supply chain management, catering to a wide range of market needs.
Average Trading Volume: 11,909,871
Technical Sentiment Signal: Buy
Current Market Cap: HK$34.62B
See more insights into 0598 stock on TipRanks’ Stock Analysis page.