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An update from Changjiu Holdings Limited ( (HK:6959) ) is now available.
Changjiu Holdings Limited announced a supplemental update regarding its connected transaction and continuing connected transaction under the Property Lease and Comprehensive Service Agreement. The rent and service fees are set at RMB5.95/sq.m./day, aligning with market conditions and comparable properties. The company anticipates an increase in staff numbers due to business expansion, impacting the proposed annual cap for staff canteen service fees. The directors believe this adjustment is fair and beneficial for the company and its shareholders.
The most recent analyst rating on (HK:6959) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Changjiu Holdings Limited stock, see the HK:6959 Stock Forecast page.
More about Changjiu Holdings Limited
Changjiu Holdings Limited is a company incorporated in the Cayman Islands, operating in the property management and leasing industry. The company focuses on providing property lease and comprehensive service agreements, including management services for staff properties.
Average Trading Volume: 48,341
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.2B
Find detailed analytics on 6959 stock on TipRanks’ Stock Analysis page.