China Merchants China Direct Investments (HK:0133) has released an update.
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China Merchants China Direct Investments has temporarily re-appointed China Merchants China Investment Management as its investment manager for a six-month term starting January 2025. This move ensures continuity in investment management as the company evaluates its options following the termination of a previously proposed three-year agreement. The temporary arrangement involves a management fee of HKD9.90 million, aiming to keep the company’s investment activities on track.
For further insights into HK:0133 stock, check out TipRanks’ Stock Analysis page.
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