CITIC (HK:0267) has released an update.
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CITIC Limited has announced that CITIC Bank’s A Share Rights Issue is currently under review suspension by the Shanghai Stock Exchange due to a required change in their accounting firm. This development creates uncertainty about the progression of their proposed subscriptions, urging shareholders and investors to exercise caution. The company is actively working on resolving the issue to resume the review process promptly.
For further insights into HK:0267 stock, check out TipRanks’ Stock Analysis page.
