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Hong Kong stocks movement | GUOQUAN (02517) rises nearly 4% after completing the acquisition of 41% equity in Beihai Daixiaji Food, as the company's store network rapidly expands.
GUOQUAN (02517) rose nearly 4%, as of the time of writing, up 3.85%, priced at 1.89 Hong Kong dollars, with a transaction amount of 14.7967 million Hong Kong dollars.
Announcement highlights | CHINA POWER's electricity sales volume increased by nearly 30% year-on-year in the first 11 months; WUXI APPTEC plans to sell its WuXi ATU Business in the USA and United Kingdom.
WUXI APPTEC plans to sell its WuXi ATU Business in the USA and United Kingdom; GF SEC's proprietary business can participate in carbon emission trading at legal trading venues within the territory.
Dongbei Securities: Initiates a "Buy" rating for GUOQUAN as the one-stop Community central kitchen exceeds ten thousand stores.
Dongbei Securities released a research report stating that it has initiated coverage on GUOQUAN (02517), giving it a "Buy" rating, with projected EPS for 2024-2026 being 0.08, 0.10, and 0.12 yuan respectively. As the company expands and deepens its offline store sales channels, innovates diverse new sales channels, strengthens research and development as well as upstream supply chain capabilities, consolidates its core competitive advantages, improves supply chain digitization, promotes membership system construction, enhances operation efficiency and revenue, and continues to increase investment in brand building and marketing to improve consumer reach and loyalty, steady growth in stores and revenue is anticipated. The main points of Dongbei Securities are as follows: one
Guoquan Food (Shanghai) Completes Acquisition of 41% Stake in Food Company
Hong Kong stock movement | GUOQUAN (02517) fell over 5% during trading, and the company's Shareholder suggests implementing full circulation of H shares.
GUOQUAN (02517) has dropped over 5% during the session, and as of the time of reporting, it fell by 5.45% to 1.91 HKD, with a trading volume of 25.3533 million HKD.
Zhitong Hong Kong Stock Shareholder Equity Disclosure | December 13.
Disclosure of Shareholder rights in Hong Kong stocks | December 13.
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