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An update from Chen Xing Development Holdings Limited ( (HK:2286) ) is now available.
Chen Xing Development Holdings Limited reported a significant decline in its financial performance for the first half of 2025, with contracted sales and gross floor area dropping by over 50% compared to the previous year. The company recorded a net loss of RMB85.2 million, primarily due to a decrease in revenue from property development and increased finance costs. The board decided not to declare an interim dividend, reflecting the challenging market conditions and the company’s current financial position.
The most recent analyst rating on (HK:2286) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Chen Xing Development Holdings Limited stock, see the HK:2286 Stock Forecast page.
More about Chen Xing Development Holdings Limited
Chen Xing Development Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in property development. The company focuses on developing residential and commercial properties, with a significant land bank to support its operations.
Average Trading Volume: 38,301
Technical Sentiment Signal: Sell
Current Market Cap: HK$144M
For detailed information about 2286 stock, go to TipRanks’ Stock Analysis page.