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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 ESG Committee to enhance its management of environmental, social, and governance aspects. This move is aimed at supporting the company’s long-term development by overseeing the implementation of ESG and climate-related goals, strategies, and policies, as well as identifying and responding to climate-related risks and opportunities. The committee is authorized to review, assess, and evaluate all ESG matters, providing recommendations and ensuring effective operation with the help of a working group.
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, focusing on balancing economic interests with environmental, social, and governance (ESG) needs. The company has established an ESG Committee to manage these aspects and support its long-term development.
Average Trading Volume: 620,344
Technical Sentiment Signal: Sell
Current Market Cap: HK$826.7M
Learn more about 1278 stock on TipRanks’ Stock Analysis page.