China Conch Venture Renews 2026 Connected Transaction Frameworks and Cuts Design Institute Cap
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China Conch Venture Holdings (HK:0586) has announced new 2026 framework agreements for connected transactions with affiliates, including Conch Cement and Conch New Material, covering various services for the year 2026. The company has also reduced the annual transaction cap with Conch Design Institute due to lower expected demand. This adjustment aligns with Hong Kong's connected transaction regulations. The latest analyst rating for the stock is a Hold with a price target of HK$11.00. The company operates within the Conch industrial ecosystem, supporting cement and environmental operations in mainland China.
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