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Homeland Interactive Acquires Shenzhen Properties in Major Transaction

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Homeland Interactive Acquires Shenzhen Properties in Major Transaction

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Homeland Interactive Technology Ltd. ( (HK:3798) ) has shared an announcement.

Homeland Interactive Technology Ltd. has announced a discloseable transaction involving the acquisition of commercial properties in Shenzhen for RMB107,496,900. The properties, currently leased out, will not have their leases renewed post-acquisition, which may impact rental income and net profits previously generated from these properties.

The most recent analyst rating on (HK:3798) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Homeland Interactive Technology Ltd. stock, see the HK:3798 Stock Forecast page.

More about Homeland Interactive Technology Ltd.

Homeland Interactive Technology Ltd. is a company incorporated in the Cayman Islands, focusing on interactive technology solutions.

Average Trading Volume: 1,241,623

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.98B

For a thorough assessment of 3798 stock, go to TipRanks’ Stock Analysis page.

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