HK Stock Market Move | ZHAOBANGJI LIFE (01660) rises nearly 10%, to be renamed "Qi Yuan Investment Holdings Limited".
As of the time of writing, China Vanguard Group (01660) has increased by nearly 10%, with a rise of 9.39%, reaching 0.198 Hong Kong dollars, with a trading volume of 16.92 million Hong Kong dollars.
ZHAOBANGJI LIFE (01660) rose nearly 10%, reaching 9.39% at the time of publication, trading at 0.198 Hong Kong dollars with a trading volume of 16.9261 million Hong Kong dollars.
In terms of news, ZHAOBANGJI LIFE announced that the board of directors proposed changing the company's English name from "Zhaobangji Lifestyle Holdings Limited" to "Seven Elements Investment Holdings Limited", as well as adopting the Chinese name "" as its new bilingual foreign name, replacing the current Chinese name "ZHAOBANGJI LIFE".
The announcement stated that the board believes that the proposed change of the company name will provide a clearer corporate image and identity for the company, enhance the future business development of the company, and believes that this is in the overall interest of the company and shareholders.
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