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Investors Give AsiaInfo Technologies Limited (HKG:1675) Shares A 34% Hiding
Asiainfo Tech (01675.HK) will hold a board of directors meeting on August 14th to approve mid-term performance.
Asiainfo Tech (01675.HK) announced on August 2nd that the board of directors meeting will be held on Wednesday, August 14, 2024, to consider and approve the company's and its subsidiaries' mid-term performance for the six months ending June 30, 2024, including the possible distribution of mid-term dividends.
ASIAINFO TECH: NOTICE OF BOARD MEETING
Asiainfo Tech (1675.HK): Short-term volatility in stock price due to profit warning in the semi-annual report, but the bottom of the valley may become a good opportunity for value investors to layout.
The release of asiainfo tech's half-year report warning triggered a short-term adjustment in the company's stock price. However, as trade indicators show a gradually narrowing decline and the stock price basically stabilizes, the market seems to be digesting this news. For value-focused investors, this moment is not only a reflection on the company's performance but also an opportunity to lay out for the future and seek potential opportunities. HSI Company also stated in an article last week that inspired by the investment philosophy of Ben Graham, the "father of value investment", they have selected a basket of value stocks from the Hong Kong stock market for analysis. This basket of value stocks has outperformed the market in the past decade.
In the Wake of AsiaInfo Technologies Limited's (HKG:1675) Latest HK$1.4b Market Cap Drop, Institutional Owners May Be Forced to Take Severe Actions
Citi Downgrades AsiaInfo Technologies to Neutral From Buy; Price Target Is HK$6.50
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