China New Economy Fund Ltd. (HK:0080) has released an update.
China New Economy Fund Ltd. has announced the termination of its Investment Management Agreement with Evergrande Securities (Hong Kong) Limited, effective from 4 October 2024, as ESHK will no longer provide investment management services to investment companies listed under Chapter 21 of the Listing Rules. The company is actively seeking a new investment manager and will update shareholders as significant developments occur.
For further insights into HK:0080 stock, check out TipRanks’ Stock Analysis page.