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Xiabuxiabu Catering Management (China) Holdings Co., Ltd. ( (HK:0520) ) just unveiled an announcement.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. announced that the resolution proposed at their Extraordinary General Meeting (EGM) on September 12, 2025, was passed by a significant majority. The resolution involved the approval of a sale and purchase agreement for acquiring a 40% equity interest in Xiabuxiabu (China) Food Holdings Co. Ltd. This acquisition is expected to enhance the company’s market position and operational capabilities. The voting process was overseen by Computershare Hong Kong Investor Services Limited, and certain shareholders, including Mr. Ho and his associates, abstained from voting due to their interests in the transaction.
The most recent analyst rating on (HK:0520) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Xiabuxiabu Catering Management (China) Holdings Co., Ltd. stock, see the HK:0520 Stock Forecast page.
More about Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. operates in the catering industry, primarily focusing on managing and operating hotpot restaurant chains in China. The company is known for its casual dining services and has a significant presence in the Chinese market.
Average Trading Volume: 2,757,586
Technical Sentiment Signal: Sell
Current Market Cap: HK$898.1M
See more data about 0520 stock on TipRanks’ Stock Analysis page.