Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
SINOPEC Engineering (Group) Co., Ltd. Class H ( (HK:2386) ) has shared an update.
SINOPEC Engineering (Group) Co., Ltd. has announced amendments to its Articles of Association, including the cancellation of its supervisory committee and a reduction in registered capital. These changes are part of the company’s efforts to comply with regulatory requirements and improve corporate governance. The company has also repurchased and cancelled a portion of its H shares, leading to a slight reduction in the total number of shares and registered capital. These amendments are subject to approval at the company’s first extraordinary general meeting in 2025.
The most recent analyst rating on (HK:2386) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on SINOPEC Engineering (Group) Co., Ltd. Class H stock, see the HK:2386 Stock Forecast page.
More about SINOPEC Engineering (Group) Co., Ltd. Class H
SINOPEC Engineering (Group) Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the engineering sector, focusing on providing engineering, procurement, and construction services primarily for the oil refining, petrochemical, and new coal chemical industries. The company is listed on the Hong Kong Stock Exchange and aims to enhance its corporate governance and shareholder value.
Average Trading Volume: 6,052,192
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.82B
For a thorough assessment of 2386 stock, go to TipRanks’ Stock Analysis page.