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China New Town Development Co. Ltd. ( (HK:1278) ) just unveiled an announcement.
China New Town Development Co. Ltd. has announced the establishment of an Environmental, Social, and Governance (ESG) Committee as of December 12, 2025. This committee, composed of three independent non-executive directors, aims to enhance the company’s ESG management and oversee the implementation of its strategies and policies related to environmental and social governance. The move is expected to strengthen the company’s commitment to sustainable development and improve its industry positioning by aligning with global ESG standards.
The most recent analyst rating on (HK:1278) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on China New Town Development Co. Ltd. stock, see the HK:1278 Stock Forecast page.
More about China New Town Development Co. Ltd.
China New Town Development Co. Ltd. is a company incorporated under the laws of the British Virgin Islands, primarily focused on urban development projects. The company operates in the real estate industry, engaging in the planning and development of new towns and urban infrastructure.
Average Trading Volume: 620,344
Technical Sentiment Signal: Sell
Current Market Cap: HK$826.7M
For a thorough assessment of 1278 stock, go to TipRanks’ Stock Analysis page.