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Greentown China Expands Project Management Services with New Agreement

Story Highlights
  • Greentown China focuses on residential property development and management services.
  • Greentown enters a connected transaction to provide project management services for a new residential project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An update from Greentown China Holdings ( (HK:3900) ) is now available.

Greentown China Holdings Limited, through its subsidiary Greentown Real Estate Construction Management, has entered into an agreement to provide project management services to SJZ Chengheng for a residential development project in Shijiazhuang City, Hebei Province. This transaction, classified as a connected transaction under the Hong Kong Listing Rules, highlights Greentown’s strategic move to strengthen its operational capabilities and market positioning by leveraging its project management expertise, potentially impacting stakeholders by enhancing project delivery and customer satisfaction.

The most recent analyst rating on (HK:3900) stock is a Buy with a HK$19.00 price target. To see the full list of analyst forecasts on Greentown China Holdings stock, see the HK:3900 Stock Forecast page.

More about Greentown China Holdings

Greentown China Holdings Limited operates in the real estate industry, focusing primarily on the development and management of residential properties. The company is involved in providing comprehensive project management services, which include planning, design, cost, and engineering management, among others, to enhance its market presence.

Average Trading Volume: 22,494,801

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.63B

For a thorough assessment of 3900 stock, go to TipRanks’ Stock Analysis page.

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