Cinda Asset's Controlling Shareholder to Change

MT NewswiresFeb 17 05:06 ET

Hong Kong Stock Concept Tracking | Three major AMCs assigned to Central Huijin! Institutions suggest focusing on the main line of Brokerage mergers and acquisitions (with related concept stocks attached).

On February 14, the three major AMCs, CHINA CINDA, Orient Asset, and Great Wall Asset, announced that the controlling shareholder, the Ministry of Finance, intends to transfer its held shares to Central Huijin through a non-compensatory transfer.

Zhitong FinanceFeb 16 18:04 ET

Express News | China Cinda Asset Management Says China's Finance Ministry Plans to Transfer 22.137 Billion Domestic Shares to Central Huijin

ReutersFeb 14 05:19 ET

CHINA CINDA (01359.HK): The Ministry of Finance plans to transfer all of its holding of the company's domestic shares to Huitong Company without compensation.

On February 14, Gelonghui reported that CHINA CINDA (01359.HK) announced it recently received a notification from its controlling shareholder, the Ministry of Finance. The Ministry intends to transfer all of its 22,137,239,084 shares of the company's domestic capital stock (accounting for about 58% of the company's total issued shares) to Central Huijin Investment Limited (Huijin Company) without compensation. After this transfer is completed, the Ministry of Finance will no longer hold any shares in the company, while Huijin Company will directly hold 22,137,239,084 shares of domestic capital stock (accounting for about 58% of the company's total issued shares), becoming the controlling shareholder of the company.

Gelonghui FinanceFeb 14 04:53 ET

Hong Kong Bourse Further Adjourns Huscoke's Winding-Up Hearing

MT NewswiresFeb 12 05:16 ET

Gelonghui Announcement Highlights (Hong Kong Stocks) | Asymchem Laboratories (06821.HK) is expected to see a decline in net income by 54% to 63% in 2024.

[Today's Focus] Asymchem Laboratories (06821.HK) expects a 54% to 63% decline in Net income for 2024. Asymchem Laboratories (06821.HK) announced that it expects Net income attributable to Shareholders for the period from January 1, 2024, to December 31, 2024, to be between 850 million yuan and 1050 million yuan, a decline of 54% to 63% compared to the same period last year. Net income excluding non-recurring gains and losses is expected to be between 830 million yuan and 1010 million yuan, a decline of 52% to 61% compared to the same period last year. The main reasons for the significant changes in the annual performance forecast during the reporting period.

Gelonghui FinanceJan 27 10:08 ET