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Shenwan Hongyuan (H.K.) Limited Updates on Connected Transactions and Licensing Agreements

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Shenwan Hongyuan (H.K.) Limited Updates on Connected Transactions and Licensing Agreements

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Shenwan Hongyuan (H.K.) Limited ( (HK:0218) ) has shared an announcement.

Shenwan Hongyuan (H.K.) Limited has issued a supplemental announcement to its 2024 Annual Report, detailing continuing connected transactions under the 2022 SWHYG MOU and updated license agreements. The transactions involve services exchanged between the SWHYG Group and Shenwan Hongyuan, including brokerage and corporate finance services, with specified annual caps and actual amounts for 2024. These developments are part of the company’s strategic operations and compliance with listing rules, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (HK:0218) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shenwan Hongyuan (H.K.) Limited stock, see the HK:0218 Stock Forecast page.

More about Shenwan Hongyuan (H.K.) Limited

Shenwan Hongyuan (H.K.) Limited operates in the financial services industry, providing a range of services including brokerage, investment operational support, research support, and corporate finance services. The company focuses on capital markets in both the PRC and Hong Kong, as well as overseas markets.

Average Trading Volume: 8,373,070

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$2.67B

See more data about 0218 stock on TipRanks’ Stock Analysis page.

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