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Cinda International Finalizes Strategic Equity Disposal
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Cinda International Finalizes Strategic Equity Disposal

Cinda International Holdings Limited (HK:0111) has released an update.

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Cinda International Holdings Limited has completed the sale of a 50% equity interest in its subsidiary, Cinda Lingxian (Shenzhen) Equity Investment Fund Management Limited. This transaction marks a strategic shift as Cinda Lingxian will now be accounted for as a joint venture, affecting the company’s consolidated financial statements.

For further insights into HK:0111 stock, check out TipRanks’ Stock Analysis page.

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