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Hong Kong stock movement | CHINA QINFA (00866) rose nearly 4% after recently completing the sale of a 40% stake in Liyuan Development, with the company’s annual profit expected to increase.
CHINA QINFA (00866) rose nearly 4%, as of the time of writing, up 3.91%, trading at 1.33 HKD, with a turnover of 4.8579 million HKD.
China qinfa (00866.HK) will hold a board of directors meeting on December 19 to discuss and approve the declaration and payment of a special dividend.
Gelonghui reported on December 9 that china qinfa (00866.HK) announced it will hold a board of directors meeting on December 19, 2024 (Thursday) to review and approve the declaration and payment of a special dividend to shareholders listed in the company’s register as of the relevant record date. If approved by the board of directors, the company will issue a separate announcement after the meeting to detail the special dividend.
CHINA QINFA: DATE OF BOARD MEETINGPROPOSED DECLARATION OF SPECIAL DIVIDEND
Hong Kong stock unusual movement | Coal industrial concept strengthened during the trading session, institutions predict that the price of hot media will gradually recover by the end of the year, energy demand may remain high in the short term.
Coal stocks strengthened during the session. As of the time of this report, china coal energy (01898) rose 3.65%, reaching HK$9.65; china shenhua energy (01088) increased by 3.36%, reaching HK$33.8; southgobi (01878) went up 2.61%, reaching HK$3.93; china qinfa (00866) climbed 2.17%, reaching HK$1.41.
Coal: can be both offensive and defensive, act according to timing.
The sector has investment value and there are also stage-specific trade opportunities.
China Qinfa Group Completes Major Subsidiary Sale
Insiders Of China Qinfa Group Are Up 172% On Their CN¥9.68m Purchase
