Market Movers

China Cinda Asset Management’s Stock Price Plunges to 0.77 HKD, Marking a Hefty 4.94% Drop

China Cinda Asset Management (1359)

0.77 HKD -0.04 (-4.94%) Volume: 126.43M

China Cinda Asset Management’s stock price stands at 0.77 HKD, witnessing a decrease of -4.94% this trading session, with a substantial trading volume of 126.43M. Despite the fluctuation, the year-to-date percentage change remains steady at +0.00%, showcasing the potential stability in its stock market performance.


Latest developments on China Cinda Asset Management

China Cinda Asset Management‘s stock price saw fluctuations today as news broke that HNA Group is in discussions with the bad debt firm regarding a potential partnership. This development comes as HNA Group continues its efforts to extend its $43 billion asset sales, with implications for the financial sector. Investors are closely monitoring the situation as it unfolds, anticipating the impact on China Cinda Asset Management‘s future performance in the market.


A look at China Cinda Asset Management Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Cinda Asset Management Company Ltd. is well-positioned for long-term success based on its strong Smartkarma Smart Scores. With top scores in both Value and Dividend factors, the company showcases solid financial health and a commitment to rewarding shareholders. While Growth and Resilience scores are slightly lower, the company still maintains a competitive edge in the market. Momentum is also on the rise, indicating a positive trend for the company’s future performance.

China Cinda Asset Management Company Ltd. stands out in the asset management industry with its impressive Smartkarma Smart Scores. As a provider of asset management services, the company excels in value and dividend factors, demonstrating its stability and profitability. While Growth and Resilience scores are not as high, the company’s momentum is picking up, suggesting a promising outlook ahead. With a diverse range of services including consulting, investment, financial, and risk management, China Cinda Asset Management is poised for continued success in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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