Jinke Smart Services Group Co., Ltd. Class H (HK:9666) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Jinke Smart Services Group Co., Ltd. has entered into new lease agreements with Jinke Property Group to continue operations in certain hotel properties, with the total value of right-of-use assets estimated at RMB51.8 million. These agreements, effective from January 2025, will see rental payments made quarterly, financed through internal sources, and are based on market rates with a 3% annual increment. This move comes as the previous Hotel Leasing Services Framework Agreement is set to expire at the end of 2024.
For further insights into HK:9666 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue