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Hong Kong High Court Sanctions China Ecotourism’s Creditors Scheme

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Hong Kong High Court Sanctions China Ecotourism’s Creditors Scheme

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An announcement from China Ecotourism Group Limited ( (HK:1371) ) is now available.

China Ecotourism Group Limited announced that the Hong Kong High Court has sanctioned their Creditors Scheme, which was previously approved by the requisite statutory majorities of creditors. This development is a significant step in the company’s efforts to manage its financial obligations and stabilize its operations, potentially impacting its market positioning positively. The company will continue to update its shareholders and investors on any significant developments.

The most recent analyst rating on (HK:1371) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Ecotourism Group Limited stock, see the HK:1371 Stock Forecast page.

More about China Ecotourism Group Limited

China Ecotourism Group Limited is a company incorporated in Bermuda, operating within the ecotourism industry. It focuses on providing sustainable tourism experiences and services, with a market focus on environmentally conscious travelers.

Average Trading Volume: 495,579

Technical Sentiment Signal: Buy

Current Market Cap: HK$59.45M

See more insights into 1371 stock on TipRanks’ Stock Analysis page.

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