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China Tangshang Holdings Limited. ( (HK:0674) ) has shared an update.
China Tangshang Holdings Limited has announced the establishment of a new subsidiary, TS Travel Limited, to capitalize on the growing inbound Chinese tourism market. This strategic move is part of the company’s efforts to diversify its business amid challenges in the property market, using tourism as a new growth engine. By integrating travel services, the company aims to enhance its real estate portfolio, increase the value of its retail and hospitality properties, and unlock opportunities for future residential projects.
More about China Tangshang Holdings Limited.
China Tangshang Holdings Limited operates in the real estate and tourism industries, focusing on property development, property sub-leasing, and recently, tourism services. The company has diversified its operations to include travel services through its subsidiary, TS Travel Limited, aiming to leverage underutilized property assets and create new revenue streams.
Average Trading Volume: 360,058
Technical Sentiment Signal: Sell
Current Market Cap: HK$373.7M
Learn more about 0674 stock on TipRanks’ Stock Analysis page.
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