Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Shimao Services Holdings Limited ( (HK:0873) ) has provided an update.
Shimao Services Holdings Limited has entered into new Continuing Connected Transactions (CCT) Agreements with Shimao Group Holdings, effective from November 5, 2025, to December 31, 2028. These agreements, which include leasing, carpark sales agency services, and other operational services, are subject to reporting and review requirements under Hong Kong’s Listing Rules but do not require independent shareholder approval. This move signifies ongoing collaboration with its major shareholder and aims to strengthen its operational capabilities and market positioning.
The most recent analyst rating on (HK:0873) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Shimao Services Holdings Limited stock, see the HK:0873 Stock Forecast page.
More about Shimao Services Holdings Limited
Shimao Services Holdings Limited operates in the property management industry, providing a range of services including property management, engineering services, and value-added services to non-property owners. The company focuses on enhancing its service offerings through continuous cooperation with its controlling shareholder, Shimao Group Holdings.
Average Trading Volume: 2,483,927
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.6B
For a thorough assessment of 0873 stock, go to TipRanks’ Stock Analysis page.