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China New Town Development Co. Ltd. ( (HK:1278) ) has shared an update.
China New Town Development Company Limited announced an update on its urbanization fixed income investment portfolio, which totals RMB3,750 million as of September 30, 2025, after accounting for risky project impairments. The portfolio is expected to yield a 7.0% annualized pre-tax return. The company added several new projects, including the Taizhou Xinghua Economic Development Zone Industrial Park Upgrading Project and the Yancheng Water Purification Group Project, while withdrawing from the Zhuji Pingfengwu Ecological Cemetery Project. The company plans to continue providing quarterly updates to shareholders on its investment activities.
More about China New Town Development Co. Ltd.
China New Town Development Company Limited is a company incorporated in the British Virgin Islands, focusing on urbanization projects. The company engages in fixed income investments, primarily in industrial park upgrades and water purification projects, with a market focus on urban development.
Average Trading Volume: 1,931,091
Technical Sentiment Signal: Buy
Current Market Cap: HK$972.6M
Find detailed analytics on 1278 stock on TipRanks’ Stock Analysis page.