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Greentown China Holdings ( (HK:3900) ) has provided an update.
Greentown China Holdings has signed a new project management framework agreement with substantial shareholder China Communications Construction Group (CCCG) to consolidate and standardise ongoing project management services for CCCG, its subsidiaries and associates through its Greentown Management Group. Effective from 19 December 2025 to 31 December 2027, the agreement will govern a wide scope of services—from preparatory project work and design management to marketing, delivery, property services and administrative support—under individual contracts that must be on normal commercial terms and no more favourable than those offered to independent third parties; the transaction is classified as a continuing connected transaction under Hong Kong listing rules, requiring disclosure but exempt from circular and independent shareholder approval due to its size, underscoring Greentown’s continued operational alignment with its major shareholder while remaining within regulatory safeguards for minority investors.
The most recent analyst rating on (HK:3900) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Greentown China Holdings stock, see the HK:3900 Stock Forecast page.
More about Greentown China Holdings
Greentown China Holdings Limited is a property developer and project management services provider incorporated in the Cayman Islands and listed in Hong Kong. Through its Greentown Management Group, the company focuses on offering comprehensive management services for construction and real estate projects, including planning, engineering, cost control, marketing, customer services and property maintenance, primarily to corporate and institutional clients in mainland China.
Average Trading Volume: 9,428,179
Technical Sentiment Signal: Hold
Current Market Cap: HK$21.31B
For an in-depth examination of 3900 stock, go to TipRanks’ Overview page.