Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China Chengtong Development Group Limited ( (HK:0217) ) has issued an update.
China Chengtong Development Group Limited announced a delay in the dispatch of a circular related to major sale and leaseback transactions with several companies, including Baosteel Desheng Stainless Steel Co., Ltd. and Inner Mongolia Jitong Railway Co., Ltd. The company received approval from shareholders for these transactions as per the Listing Rules but requires additional time to prepare the necessary circulars. The Stock Exchange granted a waiver, allowing the dispatch deadline to be extended to January 24, 2025, which may impact the company’s operational timelines.
More about China Chengtong Development Group Limited
China Chengtong Development Group Limited operates in the financial sector, primarily engaged in providing sale and leaseback services. The company focuses on a range of industries including steel, railway, investment, and coal, highlighting its diversified market presence.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €79.37M
See more data about 0217 stock on TipRanks’ Stock Analysis page.
