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China New Town Boasts Strong Investment Returns
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China New Town Boasts Strong Investment Returns

China New Town Development Co. Ltd. (HK:1278) has released an update.

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China New Town Development Co. Ltd. reported a solid urbanization fixed-income investment portfolio valued at RMB 2,863 million, promising an annual pre-tax return of RMB 191 million, or 6.7%. The update includes recent additions and exits in their portfolio, highlighting successful withdrawals with full principal and profit, and a commitment to quarterly progress reports to shareholders.

For further insights into HK:1278 stock, check out TipRanks’ Stock Analysis page.

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