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Zhong Jia Guo Xin Holdings Completes Substantial Acquisition with Cash Refund

Story Highlights
  • Zhong Jia Guo Xin Holdings completed a substantial acquisition involving refund properties.
  • The company accepted a cash refund to enhance working capital amid adverse market conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhong Jia Guo Xin Holdings Completes Substantial Acquisition with Cash Refund

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An update from Asia Resources Holdings Limited ( (HK:0899) ) is now available.

Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced the completion of a substantial acquisition involving refund properties. The company has accepted a cash refund of RMB 20.979 million as part of a settlement agreement. This decision was influenced by the current adverse market conditions, particularly in the Chinese property market. The cash refund will be used to enhance the company’s general working capital. The completion of the refund process took place on November 26, 2025, and while some properties have been received, others are still pending delivery.

The most recent analyst rating on (HK:0899) stock is a Hold with a HK$0.21 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.

More about Asia Resources Holdings Limited

Average Trading Volume: 576,007

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$97.04M

For a thorough assessment of 0899 stock, go to TipRanks’ Stock Analysis page.

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