JNBY Design (HK:3306) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
JNBY Design Limited has announced the acquisition of an entire equity interest in a target company for RMB1,672,000, following arm’s length negotiations. The valuation, conducted by AVISTA Valuation Advisory Limited, used a market approach with comparable companies in the clothing wholesale and retail sector. This strategic move could influence JNBY’s positioning in the designer brand sales market within China.
For further insights into HK:3306 stock, check out TipRanks’ Stock Analysis page.
