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China Hongqiao Group Ltd. ( (HK:1378) ) has shared an announcement.
China Hongqiao Group Ltd. announced the disposal of assets and equity interests in certain subsidiaries, as well as new agreements for industrial waste treatment and goods procurement. These transactions are considered connected transactions under Hong Kong’s Listing Rules and involve affiliated companies. The transactions are part of the company’s strategy to streamline operations and ensure compliance with regulatory requirements, potentially impacting the company’s market positioning and operational efficiency.
More about China Hongqiao Group Ltd.
China Hongqiao Group Ltd. is a company incorporated in the Cayman Islands, operating mainly in the industrial sector. It is involved in the production and sale of aluminum products and operates through various subsidiaries.
YTD Price Performance: 3.40%
Average Trading Volume: 26,455,794
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$115.2B
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