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An update from China Sinostar Group Company Limited ( (HK:0485) ) is now available.
China Sinostar Group Company Limited announced progress on its Bagua Town Project II, having acquired land use rights in 2020. The company is resolving relocation issues with remaining households and expects to begin construction in October 2025, with completion targeted for December 2026. The project will increase its gross floor area from 14,700 sq.m. to 19,700 sq.m., pending formal approval. Funding will come from internal cash flows, loans, equity, subsidies, and pre-sale proceeds. This development is significant for the company’s growth in the real estate sector.
The most recent analyst rating on (HK:0485) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Sinostar Group Company Limited stock, see the HK:0485 Stock Forecast page.
More about China Sinostar Group Company Limited
China Sinostar Group Company Limited is involved in real estate development, focusing on projects in China. The company acquires land and develops properties, with a market focus on expanding its real estate portfolio.
YTD Price Performance: 89.10%
Average Trading Volume: 148,796
Technical Sentiment Signal: Buy
Current Market Cap: HK$62.79M
For a thorough assessment of 0485 stock, go to TipRanks’ Stock Analysis page.