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The latest announcement is out from Technovator International ( (HK:1206) ).
Technovator International Limited announced a change in the shareholding structure of its controlling shareholder, Tongfang Co., Ltd. China Baoyuan Investment Co., Ltd., which holds a significant stake in Tongfang, has agreed to transfer its shares to China National Nuclear Corporation (CNNC), thereby maintaining CNNC’s position as the actual controller of Tongfang. This restructuring does not alter the ultimate ownership, as CNNC is already wholly owned by the State-owned Assets Supervision and Administration Commission of the State Council. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about Technovator International
YTD Price Performance: 1.85%
Average Trading Volume: 90,363
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$215.1M
Learn more about 1206 stock on TipRanks’ Stock Analysis page.