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Desun Real Estate Expands into Upstream Sector with Chengdu Land Bid

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Desun Real Estate Expands into Upstream Sector with Chengdu Land Bid

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Desun Real Estate Investment Services Group Co., Ltd. ( (HK:2270) ) just unveiled an update.

Desun Real Estate Investment Services Group Co., Ltd. announced that its subsidiary, Green Real Estate, has paid a bidding deposit of RMB43.30 million to participate in an auction for state-owned construction land-use rights in Chengdu. This move aligns with the company’s strategic expansion into upstream sectors, aiming to strengthen its operational scale and risk resilience by integrating upstream and downstream operations.

The most recent analyst rating on (HK:2270) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Desun Real Estate Investment Services Group Co., Ltd. stock, see the HK:2270 Stock Forecast page.

More about Desun Real Estate Investment Services Group Co., Ltd.

Desun Real Estate Investment Services Group Co., Ltd. is an integrated property management and commercial operational services provider. The company focuses on mid- to high-end residential and commercial properties, offering services in asset operation and customer service. It aims to expand strategically into upstream sectors to create a closed-loop business model, enhancing operational scale and risk resilience.

Average Trading Volume: 9,578

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.3B

See more data about 2270 stock on TipRanks’ Stock Analysis page.

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