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Swire Pacific ( (HK:0019) ) has shared an announcement.
Swire Pacific Limited has announced the renewal of its Services Agreements with JS&SHK, effective from January 1, 2026, to December 31, 2028. These agreements, which involve the provision of advisory and operational services by JS&SHK to Swire Pacific, will continue to be classified as continuing connected transactions under the Hong Kong Listing Rules. The renewal ensures the continuation of strategic support and operational services crucial for Swire Pacific’s business operations, with service fees calculated based on dividends and profits. This renewal reflects Swire Pacific’s commitment to maintaining robust operational support and strategic alignment with JS&SHK, potentially impacting its operational efficiency and stakeholder relations positively.
The most recent analyst rating on (HK:0019) stock is a Hold with a HK$71.00 price target. To see the full list of analyst forecasts on Swire Pacific stock, see the HK:0019 Stock Forecast page.
More about Swire Pacific
Swire Pacific Limited is a diversified conglomerate based in Hong Kong, with interests in property, aviation, beverages, marine services, and trading and industrial activities. The company is known for its significant presence in the Asia-Pacific region and its focus on sustainable development and long-term growth.
Average Trading Volume: 1,144,753
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$90.15B
For a thorough assessment of 0019 stock, go to TipRanks’ Stock Analysis page.