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Financial Street Property Co. Limited Class H ( (HK:1502) ) just unveiled an update.
Financial Street Property Co., Limited announced a supplemental update regarding its Entrusted Management Contract with Greatwall Life Insurance Co., Ltd. Under this contract, the company will allocate funds to specific accounts within 15 business days of contract initiation or renewal, including a management fee and employee fund allocations. The contract, effective until December 2025, allows employees to utilize funds within the contract’s scope and carry forward unused funds to the next period. Upon contract termination, unutilized funds will be returned to the company, impacting their financial management strategies and operational planning.
More about Financial Street Property Co. Limited Class H
Financial Street Property Co., Limited is a joint stock company incorporated in the People’s Republic of China, primarily involved in property management services. The company focuses on providing comprehensive property management, operational services, and related solutions to enhance property value and tenant satisfaction.
YTD Price Performance: -0.95%
Average Trading Volume: 122,156
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$769.4M
See more insights into 1502 stock on TipRanks’ Stock Analysis page.