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The latest announcement is out from JOINN Laboratories (China) Co., Ltd. Class H ( (HK:6127) ).
JOINN Laboratories (China) Co., Ltd. has announced the renewal of its lease agreement with Biorichland for a property in northern California, extending the lease term to December 31, 2028. This transaction is classified as a connected transaction under Hong Kong Listing Rules, involving substantial shareholders and connected persons, and will be treated as an asset acquisition under IFRS 16.
The most recent analyst rating on (HK:6127) stock is a Hold with a HK$16.30 price target. To see the full list of analyst forecasts on JOINN Laboratories (China) Co., Ltd. Class H stock, see the HK:6127 Stock Forecast page.
More about JOINN Laboratories (China) Co., Ltd. Class H
JOINN Laboratories (China) Co., Ltd. is a company incorporated in the People’s Republic of China, operating in the field of laboratory services. The company is involved in providing research and development services, with a focus on leasing properties for its operations.
Average Trading Volume: 5,004,863
Technical Sentiment Signal: Sell
Current Market Cap: HK$21.25B
For detailed information about 6127 stock, go to TipRanks’ Stock Analysis page.