Guangdong Yueyun Transportation Co., Ltd. Class H (HK:3399) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Guangdong Yueyun Transportation Co. has announced the conditional sale of a 51% stake in Yueyun Langri to Yangjiang Investment for approximately RMB99.6 million. This transaction was based on an appraised valuation of Yueyun Langri’s equity, highlighting a strategic move for the company in the transportation sector. Investors are advised to note the company’s valuation approach and assumptions in this significant equity disposal.
For further insights into HK:3399 stock, check out TipRanks’ Stock Analysis page.