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Yihai International Holding Ltd. ( (HK:1579) ) has provided an announcement.
Yihai International Holding Ltd. announced that Mr. Peng Long, an independent non-executive director and former official of China’s Ministry of Education, is under investigation for suspected serious violations of discipline and law. Despite this development, the company states that its operations remain unaffected, as Mr. Peng does not participate in daily management. The board is evaluating the situation and will update stakeholders as necessary.
The most recent analyst rating on (HK:1579) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on Yihai International Holding Ltd. stock, see the HK:1579 Stock Forecast page.
More about Yihai International Holding Ltd.
Yihai International Holding Ltd. is a company incorporated in the Cayman Islands, operating with its subsidiaries in various sectors. It is listed on The Stock Exchange of Hong Kong Limited and engages in business activities that are not detailed in the announcement.
Average Trading Volume: 3,612,964
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.48B
For detailed information about 1579 stock, go to TipRanks’ Stock Analysis page.