Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Coolpad Group ( (HK:2369) ).
Coolpad Group Limited has announced the renewal of its continuing connected transactions with Shenzhen Kingkey through the signing of two agreements: the 2025 Property Management Services Agreement and the 2025 Industrial Park Management Services Agreement. These agreements, effective from January 1, 2026, to December 31, 2028, involve the provision of property management services and are subject to new annual caps. The transactions are considered connected due to the relationship between Shenzhen Kingkey and a substantial shareholder of Coolpad, Mr. Chen Jiajun. As the highest applicable percentage ratio for these transactions is more than 0.1% but less than 5%, they are subject to reporting and announcement requirements but exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:2369) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Coolpad Group stock, see the HK:2369 Stock Forecast page.
More about Coolpad Group
Coolpad Group Limited is a company incorporated in the Cayman Islands, operating primarily in the technology industry. It is involved in the provision of property management services, with a focus on managing industrial parks and properties.
YTD Price Performance: -46.23%
Average Trading Volume: 2,097,481
Technical Sentiment Signal: Sell
Current Market Cap: HK$490.7M
For detailed information about 2369 stock, go to TipRanks’ Stock Analysis page.