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Kunming Dianchi Water Treatment Faces Share Freeze Amid Legal Dispute

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Kunming Dianchi Water Treatment Faces Share Freeze Amid Legal Dispute

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Kunming Dianchi Water Treatment Co., Ltd. Class H ( (HK:3768) ) has provided an update.

Kunming Dianchi Water Treatment Co., Ltd. announced that its controlling shareholder, Kunming Dianchi Investment Co. Ltd., has had its shares in the company frozen due to a legal dispute. This development could impact the company’s operations and its market positioning, as a significant portion of its shares are tied up in legal proceedings, potentially affecting stakeholder confidence and financial stability.

The most recent analyst rating on (HK:3768) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Kunming Dianchi Water Treatment Co., Ltd. Class H stock, see the HK:3768 Stock Forecast page.

More about Kunming Dianchi Water Treatment Co., Ltd. Class H

Kunming Dianchi Water Treatment Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, specializing in water treatment services. The company operates within the environmental protection industry, focusing on providing water treatment solutions and services.

Average Trading Volume: 238,637

Technical Sentiment Signal: Buy

Current Market Cap: HK$823.3M

See more insights into 3768 stock on TipRanks’ Stock Analysis page.

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