TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Gemdale Properties & Investment ( (HK:0535) ) has provided an announcement.
Gemdale Properties and Investment Corporation Limited has announced a supplemental update to its 2024 Annual Report regarding a continuing connected transaction. The company entered into the SXH Tenancy Framework Agreement with Shanghai Jincheng, a subsidiary of its controlling shareholder, to lease premises in Shanghai for three years starting January 2024. This agreement is classified as a continuing connected transaction under the Listing Rules.
The most recent analyst rating on (HK:0535) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Gemdale Properties & Investment stock, see the HK:0535 Stock Forecast page.
More about Gemdale Properties & Investment
Gemdale Properties and Investment Corporation Limited is a company incorporated in Bermuda with limited liability, operating in the real estate industry. It is primarily involved in property development and investment, focusing on leasing and managing properties.
Average Trading Volume: 214,634,751
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.65B
See more data about 0535 stock on TipRanks’ Stock Analysis page.