Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
C&D Property Management Group Co., Ltd. ( (HK:2156) ) has issued an update.
C&D Property Management Group Co., Ltd. has issued a supplemental announcement detailing the valuation methodology used in its connected transaction to acquire a 25% equity interest in Xiamen Zhaohui, a company in the software and information technology services sector. The company elaborated on how the discount rate and weighted average cost of capital of 12.61% were derived, including assumptions on risk-free rate, market return, industry risk coefficients, capital structure and tax rate, and disclosed that the resulting appraised operating asset value of Xiamen Zhaohui was approximately RMB43.2 million. By providing this breakdown, the company seeks to justify the consideration for the equity transfer and enhance transparency for investors regarding the financial rationale and risk assessment underpinning the acquisition.
The most recent analyst rating on (HK:2156) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on C&D Property Management Group Co., Ltd. stock, see the HK:2156 Stock Forecast page.
More about C&D Property Management Group Co., Ltd.
C&D Property Management Group Co., Ltd. is a Hong Kong-listed property services company that provides management and related value-added services to residential, commercial and other real estate projects, with operations connected to the wider C&D group and a focus on the mainland Chinese market.
Average Trading Volume: 1,293,813
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.69B
See more insights into 2156 stock on TipRanks’ Stock Analysis page.