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China Overseas Land & Investment ( (HK:0688) ) just unveiled an update.
China Overseas Land & Investment Limited announced the successful listing of its CAMC-China Overseas Commercial Assets Closed-end Infrastructure Securities Investment Fund (REIT) on the Shenzhen Stock Exchange. This listing, which raised approximately RMB1.5843 billion, allows the company to diversify its equity financing methods, revitalize infrastructure assets, and improve investment capabilities, ultimately benefiting its long-term performance.
The most recent analyst rating on (HK:0688) stock is a Hold with a HK$15.00 price target. To see the full list of analyst forecasts on China Overseas Land & Investment stock, see the HK:0688 Stock Forecast page.
More about China Overseas Land & Investment
China Overseas Land & Investment Limited is a company incorporated in Hong Kong, primarily involved in real estate development and investment. It focuses on infrastructure and commercial assets, providing diversified fundraising methods to enhance its long-term performance.
Average Trading Volume: 19,606,406
Technical Sentiment Signal: Sell
Current Market Cap: HK$144.9B
For detailed information about 0688 stock, go to TipRanks’ Stock Analysis page.