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Chevalier International Holdings Limited ( (HK:0025) ) has issued an update.
Chevalier International Holdings Limited has completed the sale of its Honda car dealership business in Canada for approximately CA$23.89 million. This strategic move comes as the company exits the Canadian auto market due to shrinking profit margins and industry challenges, allowing them to capitalize on the property’s value and align with market consolidation trends.
The most recent analyst rating on (HK:0025) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Chevalier International Holdings Limited stock, see the HK:0025 Stock Forecast page.
More about Chevalier International Holdings Limited
Chevalier International Holdings Limited is a diversified company incorporated in Bermuda, with operations spanning various sectors. The company is involved in industries such as construction, engineering, insurance, and car dealership, focusing on markets in Hong Kong and internationally.
Average Trading Volume: 29,916
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.16B
Learn more about 0025 stock on TipRanks’ Stock Analysis page.