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An update from China Ludao Technology Co. Ltd. ( (HK:2023) ) is now available.
China Ludao Technology Co. Ltd. has completed the acquisition of land use rights for a parcel in Sanmen County, Zhejiang Province, for RMB34,230,000. This transaction, initially misclassified, is now recognized as a discloseable transaction under Hong Kong’s Listing Rules. The acquisition aligns with the company’s strategic expansion plans, leveraging the land’s development potential and market value.
More about China Ludao Technology Co. Ltd.
China Ludao Technology Co. Ltd. is a company incorporated in the Cayman Islands, operating in the technology sector. The company focuses on acquiring land use rights for industrial and ancillary purposes, as evidenced by its recent transactions in Sanmen County, Zhejiang Province, PRC.
YTD Price Performance: -8.82%
Average Trading Volume: 21,454
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$457.4M
Find detailed analytics on 2023 stock on TipRanks’ Stock Analysis page.