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China 21st Century Education Faces Land Seizure and Auction Cancellation

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China 21st Century Education Faces Land Seizure and Auction Cancellation

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China 21st Century Education Group Limited ( (HK:1598) ) has issued an update.

China 21st Century Education Group Limited announced that an execution ruling has been issued regarding the seizure of land use rights for Land IV and the Land, following government regulation. This development led to the cancellation of an auction and a refund of the auction proceeds, potentially impacting the company’s operations and its stakeholders.

More about China 21st Century Education Group Limited

China 21st Century Education Group Limited operates in the education sector, focusing on providing educational services and products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 0.91%

Average Trading Volume: 244,218

Technical Sentiment Signal: Buy

Current Market Cap: HK$123M

See more data about 1598 stock on TipRanks’ Stock Analysis page.

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