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The latest update is out from Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ).
Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has announced its recent business developments, highlighting an existing land bank of approximately 1.4 million sq.m. in Lanzhou. The company plans to develop various projects, including a high-performance data center, construction materials markets, and warehousing projects, with expected completion and revenue recognition between 2025 and 2027. The announcement indicates ongoing negotiations and contract signings with potential customers, suggesting a strategic expansion in the real estate sector.
The most recent analyst rating on (HK:1396) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Guangdong – Hong Kong Greater Bay Area Holdings Ltd. stock, see the HK:1396 Stock Forecast page.
More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.
Guangdong – Hong Kong Greater Bay Area Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on real estate and development projects. The company is involved in the development of high-performance data centers, construction materials markets, hardware markets, and warehousing projects, primarily located in Lanzhou.
Average Trading Volume: 2,701,467
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.88B
For a thorough assessment of 1396 stock, go to TipRanks’ Stock Analysis page.