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Shenzhen International Holdings ( (HK:0152) ) just unveiled an update.
Shenzhen International Holdings has entered into a Land Transfer Agreement for Phase I of the Reserved Land in the South China Logistics Park, marking a significant step in its transformation project. This agreement involves the transfer of land use rights for a site area of approximately 21,967.48 square meters, with a gross floor area of about 126,520 square meters, for a price of approximately RMB266 million. The project aims to shift the land use from logistics to a comprehensive model centered on the digital economy, enhancing the company’s long-term sustainable development and financial performance.
More about Shenzhen International Holdings
Shenzhen International Holdings is involved in the logistics and infrastructure industry, focusing on the development and management of logistics parks and related services. The company is engaged in transforming its logistics facilities to incorporate digital economy and high-end commercial and residential functions.
Average Trading Volume: 4,935,291
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.97B
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