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An update from New City Development Group Limited ( (HK:0456) ) is now available.
New City Development Group Limited announced that the resolution to increase its authorized share capital was successfully passed at the extraordinary general meeting held on December 4, 2025. The resolution received overwhelming support with 99.9997% of votes in favor, indicating strong shareholder backing. This decision is expected to enhance the company’s financial flexibility and support its future growth initiatives.
The most recent analyst rating on (HK:0456) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on New City Development Group Limited stock, see the HK:0456 Stock Forecast page.
More about New City Development Group Limited
Average Trading Volume: 95,469
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$90.49M
For detailed information about 0456 stock, go to TipRanks’ Stock Analysis page.