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Sinotrans ( (HK:0598) ) has issued an update.
Sinotrans Limited has announced proposed amendments to its Articles of Association, including the abolishment of its supervisory committee in favor of an audit committee, in compliance with recent changes in Chinese Company Law and Hong Kong Stock Exchange regulations. These amendments aim to enhance corporate governance, streamline operations, and align with the latest legal requirements, while maintaining shareholder rights and ensuring no adverse impact on business operations.
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 the People’s Republic of China, operating within the logistics and transportation industry. The company is primarily involved in providing comprehensive logistics services, including freight forwarding, shipping agency, and storage and terminal services, with a focus on the Chinese market and international trade.
Average Trading Volume: 8,066,230
Technical Sentiment Signal: Buy
Current Market Cap: HK$43.22B
For an in-depth examination of 0598 stock, go to TipRanks’ Overview page.