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China New City Commercial Development Ltd ( (HK:1321) ) has issued an update.
China New City Group Limited has entered into a service agreement with EXIO Group Limited to provide tokenization services for commercial real estate. This collaboration aims to leverage Hong Kong’s status as a financial hub to explore digital assets, potentially enhancing the value of existing assets and strengthening the company’s position in the digital asset sector.
The most recent analyst rating on (HK:1321) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China New City Commercial Development Ltd stock, see the HK:1321 Stock Forecast page.
More about China New City Commercial Development Ltd
China New City Group Limited is an investment holding company with subsidiaries primarily engaged in commercial real estate development, leasing, and hotel management.
YTD Price Performance: -11.25%
Average Trading Volume: 548,344
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.31B
Learn more about 1321 stock on TipRanks’ Stock Analysis page.