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The latest announcement is out from Kaisa Group Holdings Ltd. ( (HK:1638) ).
Kaisa Group Holdings Ltd. has entered into a strategic cooperation agreement with CITIC Urban Development Investment Group Co., Ltd. to advance the Jiayuan project in Futian, Shenzhen. This partnership aims to implement the national policy on ‘Good Houses’ construction, enhance project quality, and boost market confidence, aligning with Kaisa’s long-term strategic goals and contributing to sustainable development in the real estate market.
More about Kaisa Group Holdings Ltd.
Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, operating primarily in the real estate industry. The company focuses on urban development projects and is involved in the construction of residential properties, aiming to enhance living quality in key areas such as the Guangdong-Hong Kong-Macao Greater Bay Area.
YTD Price Performance: -23.74%
Average Trading Volume: 2,868,648
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.06B
Learn more about 1638 stock on TipRanks’ Stock Analysis page.