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Yeebo’s Associate Suzhou QingYue Under CSRC Investigation

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Yeebo’s Associate Suzhou QingYue Under CSRC Investigation

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Yeebo (International Holdings) Limited ( (HK:0259) ) just unveiled an announcement.

Yeebo (International Holdings) Limited announced that Suzhou QingYue, an associated company in which it holds a significant equity interest, has received a ‘Notice of Case Filing’ from the China Securities Regulatory Commission (CSRC) due to alleged false information in its financial reports. Despite the investigation, Suzhou QingYue’s business operations remain unaffected, but Yeebo advises shareholders and potential investors to exercise caution when dealing with its shares.

The most recent analyst rating on (HK:0259) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Yeebo (International Holdings) Limited stock, see the HK:0259 Stock Forecast page.

More about Yeebo (International Holdings) Limited

Yeebo (International Holdings) Limited, incorporated in Bermuda, is a company listed on the Stock Exchange of Hong Kong Limited. The company has an equity interest of about 28.08% in Suzhou QingYue Optoelectronics Technology Co. Ltd., which is involved in the development, manufacture, and sale of OLED displays, e-paper modules, and micro-OLED products.

Average Trading Volume: 4,312,078

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.06B

For detailed information about 0259 stock, go to TipRanks’ Stock Analysis page.

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