Global Bio-chem Technology Group Co. Ltd. (HK:0809) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Global Bio-chem Technology Group Co. Ltd. has decided to proceed with the disposal of Changchun Dacheng Industrial to Changchun Hongxiang for RMB1.0, opting against establishing a proposed trust. This transaction will see Changchun Dacheng Industrial’s financial details removed from Global Bio-chem’s consolidated statements, streamlining operations and reducing costs.
For further insights into HK:0809 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Netflix (NASDAQ:NFLX) Lands Huge Win With “Squid Game 2”
- Ford (NYSE:F) Lands New Patent for “Steer-by-Wire” System
- Intel (NASDAQ:INTC) Looking Into Battlemage Followup
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
