Citychamp Watch & Jewellery Group Ends Inactive Joint Venture
Citychamp Watch & Jewellery Group has announced the termination of its inactive joint venture, Citychamp Allied International Limited, involving its subsidiary Union United. The dissolution is not expected to affect the company's business development or financial position. Citychamp operates in the luxury goods sector, focusing on watches and jewelry, and is listed on the Hong Kong Stock Exchange with a market cap of HK$826.9M.
Citychamp Watch & Jewellery Group ( (HK:0256) ) has issued an announcement.
Citychamp Watch & Jewellery Group Limited announced the termination of a joint venture agreement involving its subsidiary, Union United, and other partners. The joint venture, Citychamp Allied International Limited, was inactive since its inception, and its dissolution is not expected to impact the company’s business development or financial position.
More about Citychamp Watch & Jewellery Group
Citychamp Watch & Jewellery Group Limited operates in the luxury goods industry, focusing primarily on the production and sale of watches and jewelry. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 64,715,460
Technical Sentiment Signal: Sell
Current Market Cap: HK$826.9M
Learn more about 0256 stock on TipRanks’ Stock Analysis page.
