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Shanghai Industrial Holdings ( (HK:0363) ) has shared an announcement.
Shanghai Industrial Holdings has renewed key lease arrangements for its tobacco operations in Hong Kong, with Nanyang Tobacco and the parent company entering new one‑year tenancy agreements for 2026 covering their major office and factory site in Tuen Mun. The Tuen Mun property, a 16‑storey building with a gross floor area of about 423,244 square feet, will continue to be leased from connected party Nanyang Enterprises at a monthly rent of HK$2.75 million, with terms set on an arm’s‑length basis and benchmarked against an independent valuation, ensuring continuity of operations while falling under the Stock Exchange’s continuing connected transaction regime that requires disclosure and annual review but no independent shareholders’ approval.
The most recent analyst rating on (HK:0363) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Shanghai Industrial Holdings stock, see the HK:0363 Stock Forecast page.
More about Shanghai Industrial Holdings
Shanghai Industrial Holdings is a Hong Kong–incorporated conglomerate with operations that include Nanyang Tobacco, an indirect wholly owned subsidiary engaged in tobacco-related manufacturing and office operations in Hong Kong. The group’s facilities include a substantial 16‑storey office and factory property in Tuen Mun, New Territories, which supports its ongoing business activities in the territory.
YTD Price Performance: 0.21%
Average Trading Volume: 1,009,664
Technical Sentiment Signal: Buy
Current Market Cap: HK$15.68B
See more data about 0363 stock on TipRanks’ Stock Analysis page.