tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Resources Building Materials Proposes Domicile Shift to Hong Kong

Story Highlights
China Resources Building Materials Proposes Domicile Shift to Hong Kong

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

China Resources Building Materials Technology Holdings ( (HK:1313) ) has issued an update.

China Resources Building Materials Technology Holdings has announced a proposal to change its domicile from the Cayman Islands to Hong Kong. This move involves adopting new Hong Kong Articles to comply with local laws, but it will not materially impact the company’s business operations, assets, or shareholder interests. The change is subject to shareholder approval and regulatory consultations, with further announcements to be made regarding the timetable and related proposals.

The most recent analyst rating on (HK:1313) stock is a Buy with a HK$2.10 price target. To see the full list of analyst forecasts on China Resources Building Materials Technology Holdings stock, see the HK:1313 Stock Forecast page.

More about China Resources Building Materials Technology Holdings

Average Trading Volume: 19,653,914

Technical Sentiment Signal: Hold

Current Market Cap: HK$12.43B

For detailed information about 1313 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1