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Beijing Urban Construction Design & Development Grp Co., Ltd Class H ( (HK:1599) ) has provided an announcement.
Beijing Urban Construction Design & Development Group Co., Ltd announced the renewal of its Property and Land Leasing Framework Agreement with BUCG, setting proposed annual caps for the next three years. The agreement aims to stabilize rental costs and support the company’s operational needs, with rents remaining stable due to BUCG’s decision not to require annual increases, benefiting the company’s shareholders.
The most recent analyst rating on (HK:1599) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Urban Construction Design & Development Grp Co., Ltd Class H stock, see the HK:1599 Stock Forecast page.
More about Beijing Urban Construction Design & Development Grp Co., Ltd Class H
Beijing Urban Construction Design & Development Group Co., Ltd is a joint stock company incorporated in China, operating in the construction and urban development industry. The company is involved in designing and developing urban infrastructure projects and has a market focus on property and land leasing agreements.
Average Trading Volume: 780,435
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.92B
See more data about 1599 stock on TipRanks’ Stock Analysis page.