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JNBY Design Plans Land Acquisition for Expansion in Hangzhou

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JNBY Design Plans Land Acquisition for Expansion in Hangzhou

Elevate Your Investing Strategy:

JNBY Design ( (HK:3306) ) has issued an update.

JNBY Design Limited has announced its intention to bid for a land use right in Hangzhou, China, to construct a new park integrating digital R&D and intelligent warehousing. This move aims to support the company’s business expansion and future growth, although the bid’s success is uncertain as no definitive agreement has been made.

The most recent analyst rating on (HK:3306) stock is a Buy with a HK$17.61 price target. To see the full list of analyst forecasts on JNBY Design stock, see the HK:3306 Stock Forecast page.

More about JNBY Design

JNBY Design Limited is a company incorporated in the Cayman Islands, primarily engaged in the fashion industry. It focuses on the design, production, and sale of apparel and accessories, with a market presence in China and other regions.

Average Trading Volume: 1,606,110

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$7.67B

Find detailed analytics on 3306 stock on TipRanks’ Stock Analysis page.

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