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The latest announcement is out from AviChina Industry & Technology Co ( (HK:2357) ).
AviChina Industry & Technology Co., Ltd. announced that Ms. Kang Yinglei, a director and supervisor of its subsidiary Jiangxi Hongdu Aviation Industry Co., Ltd., received a warning letter from the Jiangxi Regulatory Bureau of the China Securities Regulatory Commission for purchasing shares in violation of securities management rules. The company confirmed that this incident will not impact its normal operations, and Ms. Kang will turn over any future proceeds from the sale of the shares to Hongdu Aviation and enhance her understanding of securities laws to prevent future violations.
The most recent analyst rating on (HK:2357) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on AviChina Industry & Technology Co stock, see the HK:2357 Stock Forecast page.
More about AviChina Industry & Technology Co
AviChina Industry & Technology Co., Ltd. is a joint stock company incorporated in China, focusing on the aviation industry. It operates through its subsidiaries, including Jiangxi Hongdu Aviation Industry Co., Ltd., and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 8.67%
Average Trading Volume: 45,498,332
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.69B
For an in-depth examination of 2357 stock, go to TipRanks’ Overview page.