Tongcheng Shareholders Unanimously Back Tencent Deal

Tongcheng Travel Holdings Limited (HK:0780) has released an update.

Tongcheng Travel Holdings Limited recently announced successful poll results from their Extraordinary General Meeting, with shareholders overwhelmingly approving a strategic cooperation and marketing agreement with Tencent. The resolution was passed with 100% of the votes in favor, representing approximately 70.12% of the independent shareholders entitled to vote. The meeting, which took place without any voting restrictions, highlighted the unity and conviction of Tongcheng’s shareholders in the company’s strategic direction.

For further insights into HK:0780 stock, check out TipRanks’ Stock Analysis page.