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Shoucheng Holdings Ltd. ( (HK:0697) ) just unveiled an update.
Shoucheng Holdings Ltd. has announced its investment in the CICC Vipshop Outlets REIT through its subsidiary, Beijing Pingzhun Infrastructure Real Estate Investment Fund. This strategic move is expected to revitalize existing assets, boost consumer infrastructure, and support the recovery of China’s national economy by introducing long-term capital and enhancing consumer demand.
The most recent analyst rating on (HK:0697) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.
More about Shoucheng Holdings Ltd.
Shoucheng Holdings Ltd. operates in the infrastructure real estate sector, focusing on intelligent infrastructure and leveraging its expertise in the REITs field. The company aims to enhance infrastructure assets’ value through strategic investments and collaborations with leading commercial operators.
Average Trading Volume: 95,300,297
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.78B
For an in-depth examination of 0697 stock, go to TipRanks’ Overview page.