Zhejiang Juhua Co., Ltd.’s (SHSE:600160) stock price dropped 11% last week; private companies would not be happy
Key Insights
- Zhejiang Juhua’s significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- The largest shareholder of the company is Sinochem Group Co., Ltd. with a 53% stake
- Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
If you want to know who really controls Zhejiang Juhua Co., Ltd. (SHSE:600160), then you’ll have to look at the makeup of its share registry. With 53% stake, private companies possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And last week, private companies endured the…
