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Red Star Macalline Announces Lifting of Detention Measures on Executive Director

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Red Star Macalline Announces Lifting of Detention Measures on Executive Director

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An update from Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) is now available.

Red Star Macalline Group Corporation Ltd. announced that the detention measures previously imposed on its executive director, Mr. CHE Jianxing, have been lifted following a Notice of Lien Release from the Yunnan Provincial Supervisory Committee. The company will continue to monitor the situation and provide updates as necessary, which may impact its governance and stakeholder relations.

More about Red Star Macalline Group Corporation Ltd Class H

Red Star Macalline Group Corporation Ltd. is a sino-foreign joint stock company incorporated in the People’s Republic of China. It operates within the retail and home furnishing industry, focusing on providing a range of home improvement and furniture products and services.

YTD Price Performance: -17.98%

Average Trading Volume: 10,947,692

Technical Sentiment Signal: Sell

Current Market Cap: HK$12.81B

For an in-depth examination of 1528 stock, go to TipRanks’ Overview page.

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