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Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) has shared an update.
Powerlong Real Estate Holdings Limited has called an extraordinary general meeting for 29 January 2026 in Shanghai, where shareholders will vote on approving and ratifying a Cooperation Agreement and its related transactions. The proposed resolution would also grant broad authorization to the company’s directors to implement the agreement, execute necessary documents, and make any variations deemed in the company’s interest, signaling a move to advance strategic cooperation that could influence its future operational and governance decisions.
The most recent analyst rating on (HK:1238) stock is a Hold with a HK$0.24 price target. To see the full list of analyst forecasts on Powerlong Real Estate Holdings Ltd. stock, see the HK:1238 Stock Forecast page.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Limited is a Cayman Islands-incorporated property developer listed in Hong Kong, with operations centered in mainland China. The company is engaged in real estate development and related property businesses, managing its affairs through offices in Shanghai and Hong Kong to serve shareholders and investors in the region.
Average Trading Volume: 966,497
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.1B
For detailed information about 1238 stock, go to TipRanks’ Stock Analysis page.