Chuang’s China Grants One-Year Rent Cut in Connected Xiamen Hotel Lease

Chuang’s China Investments Limited ( (HK:0298) ) just unveiled an update.

Chuang’s China Investments’ subsidiary Xiamen JV has entered into a third amendment agreement with connected tenant Mingjia Lujiang Hotel to grant a one-year rental reduction on the Lujiang leased properties starting from February 2026. Monthly rent will drop from about RMB1.37 million to RMB1.17 million, while the JV partner continues to guarantee the tenant’s obligations and all other lease terms remain unchanged.

The independent non-executive directors have confirmed that the revised terms are fair, reasonable, and on normal commercial terms or better, and the company’s adviser has reaffirmed its previous view that the longer-than-three-year lease durations remain appropriate. As Mingjia Lujiang Hotel is a connected person at the subsidiary level, the amendment is treated as a continuing connected transaction subject only to reporting and announcement requirements, exempt from circular, independent advice, and shareholder approval procedures under the Listing Rules.

The most recent analyst rating on (HK:0298) stock is a Sell with a HK$0.11 price target. To see the full list of analyst forecasts on Chuang’s China Investments Limited stock, see the HK:0298 Stock Forecast page.

More about Chuang’s China Investments Limited

Chuang’s China Investments Limited, through its indirect non-wholly owned subsidiary Xiamen JV, is involved in property investment and leasing in mainland China. Its operations include leasing hotel and villa properties in Xiamen, with Mingjia Lujiang Hotel operating the Lujiang leased properties under long-term tenancy agreements.

Average Trading Volume: 569,724

Technical Sentiment Signal: Sell

Current Market Cap: HK$272.3M

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