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The latest announcement is out from Cinese International Group Holdings Limited ( (HK:1620) ).
Cinese International Group Holdings Limited has entered into a non-legally binding memorandum of understanding with China International Travel Service (Guangdong) Co., Ltd. to explore potential business cooperation in health and wellness tourism in the PRC. This potential partnership aims to expand Cinese’s offerings in elderly wellness tours, leisure and wellness retreats, healthcare travel tours, and medical travel tours, thereby consolidating its presence in the pan-travel and tourism industry in China. The agreement is subject to further negotiations, and if not finalized by August 31, 2025, it will expire.
More about Cinese International Group Holdings Limited
Cinese International Group Holdings Limited is a long-established company engaged in air ticket consolidation, travel business process management, and travel products and services. The company is focused on expanding its presence in the travel and tourism industry, particularly in the Greater Bay Area of the People’s Republic of China (PRC).
Average Trading Volume: 436,823
Technical Sentiment Signal: Buy
Current Market Cap: HK$72M
See more data about 1620 stock on TipRanks’ Stock Analysis page.