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An update from Financial Street Property Co. Limited Class H ( (HK:1502) ) is now available.
Financial Street Property Co., Limited announced a supplemental disclosure regarding its acquisition of an 11% equity interest in Chongqing Jiangbeizui Property Service Co., Ltd. The valuation of the target company showed a significant appreciation in net asset value, indicating a promising investment. The income approach used in the valuation highlighted stable growth prospects and a consistent gross profit margin for the target company, suggesting potential long-term benefits for stakeholders.
More about Financial Street Property Co. Limited Class H
Financial Street Property Co., Limited is a joint stock company incorporated in China, operating in the property management industry. It focuses on providing comprehensive property management services, particularly in the Chinese market.
YTD Price Performance: 0%
Average Trading Volume: 112,821
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$784.3M
See more data about 1502 stock on TipRanks’ Stock Analysis page.