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Citigroup: Maintains CHINA STATE CON (03311) 'Buy' rating, Target Price 14.5 HKD.
China Orient, one of the four major state-owned Asset Management companies in China, subscribed to the placement shares of China State Construction Engineering Corporation, already holding 3.56% of the company's equity before the subscription, and after completing the Trade, its holdings have expanded to 8.02% of the enlarged share capital.
China State Construction to Issue HK$3 Billion of Shares; Shares Rise 4%
Announcement Highlights|BYD completes the Listed in Hong Kong placement with a net financing of over 43 billion Hong Kong dollars; Kanzhun's net profit in Q4 increased by 34.1% year-on-year.
YUE YUEN IND's Net income in 2024 increased by 42.85% year-on-year; Q TECH's camera module sales in February were 23.91 million units, a decrease of 33.4% month-on-month, while fingerprint recognition module sales increased by 153.7% year-on-year.
CHINA STATE CON (03311.HK) plans to hold a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui reported on March 11 that CHINA STATE CON (03311.HK) announced that a board meeting will be held on March 21, 2025 (Friday) to approve the performance of the company and its subsidiaries for the year ending December 31, 2024 and its release, as well as to consider the proposal for a final dividend (if any).
CHINA STATE CON: Date of Board Meeting
Express News | China State Construction International - to Issue Aggregate 244.6 Mln Shares at Subscription Price of HK$12.26 per Share