China Aerospace Settles Arbitration Dispute with Metro Suzhou
China Aerospace International Holdings Limited has announced a settlement agreement involving its subsidiary, CASIL Semiconductor, and Metro Suzhou Technologies, resolving ongoing arbitration disputes. The agreement includes financial settlements and future business commitments, aiming to restore cooperative relations without adversely impacting operations. The latest analyst rating for the stock (HK:0031) is a Hold with a price target of HK$1.00. The company operates in the aerospace industry, focusing on semiconductor products, with a current market cap of HK$2.28B.
China Aerospace International Holdings Limited ( (HK:0031) ) has provided an announcement.
China Aerospace International Holdings Limited announced a settlement agreement involving its subsidiary, CASIL Semiconductor, and Metro Suzhou Technologies Co., Limited, along with its affiliate Intermec Technologies. The agreement resolves ongoing arbitration disputes, with CASIL Semiconductor agreeing to financial settlements and future business commitments with Metro Suzhou. This settlement aims to restore cooperative relations among the parties and is not expected to adversely impact the company’s operations.
The most recent analyst rating on (HK:0031) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Aerospace International Holdings Limited stock, see the HK:0031 Stock Forecast page.
More about China Aerospace International Holdings Limited
China Aerospace International Holdings Limited operates in the aerospace industry, focusing on semiconductor products and related technologies. The company is involved in the manufacturing and supply of semiconductor devices, serving various market segments with its technological solutions.
Average Trading Volume: 13,674,970
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.28B
