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Chinese Estates Renews Tenancy Agreements for Hong Kong Office Space

Story Highlights
  • Chinese Estates has signed new tenancy agreements for office space in Hong Kong.
  • The agreements are connected transactions, exempt from shareholder approval but require reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chinese Estates Renews Tenancy Agreements for Hong Kong Office Space

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Chinese Estates (Holdings) ( (HK:0127) ) just unveiled an update.

Chinese Estates Holdings Limited, through its wholly-owned subsidiary CEL, has entered into new tenancy agreements with WHL for the leasing of office premises in Hong Kong. These agreements, set to commence in November 2025, will last for three years and involve the leasing of the 39th floor of Chubb Tower, Windsor House, for office use. The agreements are classified as connected transactions under Hong Kong’s listing rules due to the relationship between the parties involved. The transactions are exempt from independent shareholders’ approval but require reporting and annual review.

More about Chinese Estates (Holdings)

Average Trading Volume: 368,670

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.54B

For detailed information about 0127 stock, go to TipRanks’ Stock Analysis page.

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