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AEON Stores Expands Retail Footprint with New Lease in Zhuhai

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AEON Stores Expands Retail Footprint with New Lease in Zhuhai

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AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) has shared an update.

AEON Stores (Hong Kong) Co., Limited announced a 15-year lease agreement for premises in Zhuhai City, Guangdong Province, China, to expand its retail operations. This transaction, valued at approximately RMB13.26 million as a right-of-use asset, is considered a discloseable transaction under the Listing Rules, reflecting the company’s strategic growth in the region.

The most recent analyst rating on (HK:0984) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on AEON Stores (Hong Kong) Co., Limited stock, see the HK:0984 Stock Forecast page.

More about AEON Stores (Hong Kong) Co., Limited

AEON Stores (Hong Kong) Co., Limited operates in the retail industry, focusing on providing a wide range of consumer goods through its stores. The company is known for its department stores and supermarkets, primarily serving the Hong Kong and Southern China markets.

Average Trading Volume: 75,833

Technical Sentiment Signal: Sell

Current Market Cap: HK$98.8M

Learn more about 0984 stock on TipRanks’ Stock Analysis page.

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