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The latest update is out from China New Town Development Co. Ltd. ( (HK:1278) ).
China New Town Development Company Limited announced its updated urbanization fixed-income investment portfolio valued at RMB 3,140 million, offering a pre-tax return of approximately 7.0% as of December 31, 2024. Recent changes include the addition of new projects in Taizhou, Liyang, and Yangzhou, while exiting from other investments, such as the Wuxi Guojin Commercial Factoring Project, ensuring all principal and gains were received.
More about China New Town Development Co. Ltd.
China New Town Development Company Limited is incorporated in the British Virgin Islands and focuses on urbanization and infrastructure development projects. The company’s primary services involve managing fixed-income investments in urban regeneration and high-tech industrial projects across various regions in China.
YTD Price Performance: 0%
Average Trading Volume: 1,246,442
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$603M
Find detailed analytics on 1278 stock on TipRanks’ Stock Analysis page.
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