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The latest announcement is out from EverChina Int’l Holdings Company Ltd ( (HK:0202) ).
EverChina Int’l Holdings Company Ltd, through its subsidiary Beijing Boya, has entered into an agreement to acquire a 20% equity interest in a target company for RMB200,000. Additionally, Beijing Boya has agreed to a capital increase of RMB30,000,000 in the target company to support its investment plans. This transaction, while significant, falls under the notification and announcement requirements of the Hong Kong Stock Exchange but does not require shareholder approval, indicating a strategic move to enhance its investment portfolio.
More about EverChina Int’l Holdings Company Ltd
EverChina Int’l Holdings Company Ltd is a Hong Kong-based company engaged in various investment activities. The company operates primarily through its subsidiaries, focusing on sectors such as property investment, hotel operations, and agricultural operations.
YTD Price Performance: -49.18%
Average Trading Volume: 2,834,728
Technical Sentiment Signal: Sell
Current Market Cap: HK$452.3M
See more insights into 0202 stock on TipRanks’ Stock Analysis page.
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