China Investment and Finance Group Ltd (HK:1226) has released an update.
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China Investment and Finance Group Ltd has announced the termination of its investment management agreement with Evergrande Securities (Hong Kong) Limited, effective October 4, 2024, due to changes in ESHK’s management team. The company is actively seeking a new investment manager to meet the Listing Rules requirements and assures that the Group’s operations will not be materially impacted during the transition. The Board will temporarily oversee investment activities and has expressed gratitude to ESHK for its past services.
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