Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Xinji Shaxi Group Co., Ltd. ( (HK:3603) ) is now available.
Xinji Shaxi Group Co., Ltd. has announced that its wholly owned subsidiary, Guangzhou Shaxi International Hospitality Supplies City Company Limited, has won the bidding for a lease of certain properties at a monthly rent of RMB3.62 million, to be funded by the group’s internal resources, with the lease agreement expected to be signed between 25 and 31 December 2025. Securing this lease will enable the group to continue operating the Xinji Hotelex Hospitality Supplies Center through these properties, underpinning one of its key revenue-generating malls and supporting its positioning in the hospitality-supplies retail sector.
The most recent analyst rating on (HK:3603) stock is a Hold with a HK$0.05 price target. To see the full list of analyst forecasts on Xinji Shaxi Group Co., Ltd. stock, see the HK:3603 Stock Forecast page.
More about Xinji Shaxi Group Co., Ltd.
Xinji Shaxi Group Co., Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates large-scale hospitality-supplies shopping malls in the PRC, including Xinji Hotelex Hospitality Supplies Center, the group’s second-largest mall, serving the hotel and hospitality supplies market.
Average Trading Volume: 961,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$74.65M
For detailed information about 3603 stock, go to TipRanks’ Stock Analysis page.