China Foods Limited Optimizes Financial Management with New Cash Pooling Agreement

Tip Ranks
2025.11.10 10:40
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China Foods Limited has entered a Cash Pooling Management Agreement with COFCO Finance (HK) to improve financial management and fund efficiency, effective November 10, 2025, for three years. This agreement aims to reduce financing costs and risks and is classified as a continuing connected transaction under Hong Kong’s Listing Rules. The latest analyst rating for China Foods Limited (HK:0506) is a Buy with a price target of HK$4.50.

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China Foods Limited ( (HK:0506) ) has provided an announcement.

China Foods Limited has entered into a Cash Pooling Management Agreement with COFCO Finance (HK) to enhance financial management and fund utilization efficiency. This agreement, effective from November 10, 2025, for three years, involves COFCO Finance (HK) managing the company’s funds centrally, which will help reduce financing costs and risks. The arrangement is considered a continuing connected transaction under Hong Kong’s Listing Rules, requiring reporting and announcement due to its financial implications.

The most recent analyst rating on (HK:0506) stock is a Buy with a HK$4.50 price target. To see the full list of analyst forecasts on China Foods Limited stock, see the HK:0506 Stock Forecast page.

More about China Foods Limited

Average Trading Volume: 5,831,229

Technical Sentiment Signal: Buy

Current Market Cap: HK$11.75B

Find detailed analytics on 0506 stock on TipRanks’ Stock Analysis page.