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Zhong An Group Limited ( (HK:0672) ) has provided an update.
Zhong An Group Limited announced the lapse of a discloseable transaction involving the disposal of shares in a subsidiary through a Placing Agreement. The company reported that no shares were placed by the Placing Agent by the specified date, resulting in the lapse of the agreement. The board of directors stated that this non-completion will not have a material adverse impact on the company’s existing business operations or financial position.
The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.
More about Zhong An Group Limited
Zhong An Group Limited is a company incorporated in the Cayman Islands, operating in the real estate sector. It is listed on the Hong Kong Stock Exchange and engages in property development and management services.
YTD Price Performance: 7.27%
Average Trading Volume: 2,050,583
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$665M
Learn more about 0672 stock on TipRanks’ Stock Analysis page.