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The latest update is out from China New Town Development Co. Ltd. ( (HK:1278) ).
China New Town Development Co. Ltd. announced the results of its Annual General Meeting held on June 19, 2025, where all proposed resolutions were passed with unanimous support. The meeting included significant decisions such as the re-election of directors, approval of financial statements, and the appointment of CL Partners CPA Limited as the new independent auditor, replacing Ernst & Young. These resolutions reflect the company’s ongoing commitment to governance and strategic planning, potentially impacting its operational efficiency and market perception positively.
More about China New Town Development Co. Ltd.
China New Town Development Co. Ltd. is a company incorporated in the British Virgin Islands, focusing on urban development projects. It operates primarily in the real estate sector, engaging in the planning and development of new towns in China, aiming to enhance urban living environments.
Average Trading Volume: 1,835,287
Technical Sentiment Signal: Buy
Current Market Cap: HK$855.9M
For a thorough assessment of 1278 stock, go to TipRanks’ Stock Analysis page.