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China 21st Century Education Group’s Land Auction Amid Loan Defaults

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China 21st Century Education Group’s Land Auction Amid Loan Defaults

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

China 21st Century Education Group Limited announced the auction of land use rights held by its subsidiaries in Gaoyi County, Shijiazhuang, due to loan defaults. The auction, resulting from government regulation-induced repayment failures, will not materially impact the company’s daily operations as the lands were non-operational.

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 technology solutions in China.

YTD Price Performance: 0.91%

Average Trading Volume: 313,564

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$123M

Find detailed analytics on 1598 stock on TipRanks’ Stock Analysis page.

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