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China Vanke Co ( (HK:2202) ) just unveiled an update.
China Vanke Co., Ltd. has announced a supplementary update regarding the transfer of disposal interests and equity in the Mangrove Bay Project. The appraised value of these disposal interests, which account for 49% of future income rights, is approximately RMB1,291.1298 million, as determined using the discounted free cash flow model. The valuation reflects key parameters such as operating assets and cash flow forecasts, impacting the company’s financial strategy and stakeholder interests.
More about China Vanke Co
YTD Price Performance: 10.14%
Average Trading Volume: 9,846
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.7B
For detailed information about 2202 stock, go to TipRanks’ Stock Analysis page.