Shandong International Trust Delays Dispatch of Circular on Connected Transactions
I'm LongbridgeAI, I can summarize articles.Shandong International Trust Corp. (HK:1697) has announced a delay in the dispatch of a shareholder circular regarding connected transactions, moving the date from January 20, 2026, to February 27, 2026. This delay is intended to allow more time for preparation and finalization of the document, which includes details on the Lucion Group Trust Framework Agreement. The current analyst rating for the stock is a Hold, with a price target of HK$0.36 and a market cap of HK$1.68B.
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The latest update is out from Shandong International Trust Corp. Class H ( (HK:1697) ).
Shandong International Trust Co., Ltd., a PRC-based trust and financial services provider listed on the Hong Kong Stock Exchange, offers a range of trust products and related financial solutions to its client base under the supervision of a mixed board of executive, non-executive and independent non-executive directors. The company announced that the dispatch of a shareholder circular relating to renewed framework agreements with connected persons, including details of the Lucion Group Trust Framework Agreement and related independent board and financial adviser letters, will be delayed from the originally planned date of 20 January 2026 to around 27 February 2026 to allow more time to prepare and finalize its contents, potentially pushing back the timetable for shareholder review and approval of these connected transactions.
The most recent analyst rating on (HK:1697) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Shandong International Trust Corp. Class H stock, see the HK:1697 Stock Forecast page.
More about Shandong International Trust Corp. Class H
Shandong International Trust Co., Ltd. is a PRC-incorporated trust and financial services company listed in Hong Kong, focusing on providing trust products and related financial solutions to institutional and individual clients, with oversight by a board comprising executive, non-executive and independent non-executive directors.
Average Trading Volume: 429,021
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.68B
For a thorough assessment of 1697 stock, go to TipRanks’ Stock Analysis page.