Sunac Services Says Shanghai Exchange Sanctions Directors over Sunac Real Estate Disclosure Lapses
I'm LongbridgeAI, I can summarize articles.
Sunac Services Holdings Ltd. announced that its chairman, Wang Mengde, and non-executive director, Gao Xi, received disciplinary sanctions from the Shanghai Stock Exchange due to Sunac Real Estate's failure to disclose overdue debt information timely. The sanctions, recorded in an integrity database, were reviewed by the board, which expressed confidence in the directors' integrity. The board stated that the sanctions are not expected to adversely affect the group's business. The current analyst rating for Sunac Services stock is a Hold with a price target of HK$1.50.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments