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Cinda Real Estate (600657.SH): The actual controller has changed to Huijin Company.
On February 14, Cinda Real Estate (600657.SH) announced that on February 14, 2025, the company received a notice from its controlling shareholder, CHINA CINDA, regarding the change in the equity structure of CHINA CINDA Asset Management Co., Ltd., stating that the Ministry of Finance plans to transfer all of its holdings in CHINA CINDA to Huijin Company (hereinafter referred to as "this transfer"). This transfer will result in a change in the company's actual controller from the Ministry of Finance to Huijin Company. Before this transfer, CHINA CINDA held 1,552,939 shares in the company through its wholly-owned subsidiary, Cinda Investment Co., Ltd. (hereinafter referred to as "Cinda Investment").
Is Cinda Real Estate (SHSE:600657) A Risky Investment?
Hong Kong stocks movement | CHINA CINDA (01359) is up over 4% as it collaborates with Cinda Real Estate to establish a revitalization Fund, benefiting from the release of special bond storage quotas.
CHINA CINDA (01359) rose more than 4% in the morning session. As of the time of writing, it has increased by 3.42%, priced at 1.21 Hong Kong dollars, with a transaction volume of 77.2673 million Hong Kong dollars.
Cinda Real Estate Books 1.4-Billion-Yuan Asset Impairment Provision
Cinda Real Estate 2024 Annual Results Forecast
Hong Kong stocks movement | CHINA CINDA (01359) surged over 5% in the afternoon as Cinda Real Estate participates in establishing a 20 billion Property revitalization and relief Fund.
CHINA CINDA (01359) rose over 5% in the afternoon, up 5.66% as of this report, priced at 1.12 HKD, with a trading volume of 91.0285 million HKD.
Optimism Around Cinda Real Estate (SHSE:600657) Delivering New Earnings Growth May Be Shrinking as Stock Declines 3.6% This Past Week
