FINWIRES · TerminalLIVE
FINWIRES

SHA:600623

2 stories mentioning SHA:600623Updated just now

Every FINWIRES story that references SHA:600623, newest first.

Asia

Shanghai Huayi to Conduct Asset Swap With Controlling Shareholder; Shares Up 3%

Shanghai Huayi Group (SHA:600623, SHA:900909) agreed to conduct an asset swap with its controlling shareholder, Shanghai Huayi Holding Group, according to a Shanghai bourse filing on Thursday.Huayi will dispose of its entire equity in Shanghai Huayi Energy & Chemical to Huayi Group, which has an appraised value of 4.74 billion yuan.Huayi will also acquire a 51% equity interest in Guangxi Huayi Energy & Chemical, which is valued at 4.62 billion yuan, from the group.The Chinese chemical products producer's A shares jumped 3% during the afternoon trade.

SHA:600623
Asia

Shanghai Huayi Group Expands 2026 Related-Party Transaction Cap by 8.7 Billion Yuan; Shares Up 3%

Shanghai Huayi Group (SHA:600623) plans to increase its 2026 related-party transaction limit by 8.7 billion yuan to 31.0 billion yuan, citing higher purchase prices, increased volumes and planned asset swaps.The additional limits include 3.7 billion yuan for the purchase of goods and services and 5.0 billion yuan for borrowings, according to a Thursday filing with the Shanghai bourse.Shares of the chemistry enterprise rose 3% in recent trade.

SHA:600623

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:600623 in your portfolio
WheelAI
WheelAI
Analyze SHA:600623 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:600623