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Xinhua News Media Holdings Limited ( (HK:0309) ) has shared an update.
Xinhua News Media Holdings Limited announced an update regarding court applications related to a shareholder’s requisition for an extraordinary general meeting. The High Court of Hong Kong declined to issue an interim injunction against the company or its directors, adjourning the matter for further argument. The company is consulting with legal advisors to protect its interests and will make further announcements as necessary, advising caution to shareholders and investors when dealing with its securities.
More about Xinhua News Media Holdings Limited
Xinhua News Media Holdings Limited is a company incorporated in the Cayman Islands, operating within the media industry. Its primary focus is on providing news and media-related services, with a market presence in Hong Kong where it is listed on the Stock Exchange.
Average Trading Volume: 5,762,095
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$84.97M
For an in-depth examination of 0309 stock, go to TipRanks’ Overview page.