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Sinotruk Hong Kong Changes Controlling Shareholder
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Sinotruk Hong Kong Changes Controlling Shareholder

Sinotruk Hong Kong (HK:3808) has released an update.

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Sinotruk Hong Kong announced a change in its immediate controlling shareholder as China National Heavy Duty Truck Group Company Limited (CNHTC) will become the direct holder of 51% of its issued share capital. This transfer involves no financial transaction and follows a waiver from the Hong Kong Securities and Futures Commission, ensuring no significant impact on the company’s financial position. Investors are advised to exercise caution when dealing with the company’s shares.

For further insights into HK:3808 stock, check out TipRanks’ Stock Analysis page.

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