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C&D International Enters New Joint Venture for Putian Land Development

Story Highlights
  • C&D International focuses on residential and commercial real estate development.
  • The new cooperation agreement involves a joint venture in Putian, impacting C&D’s market strategy.
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C&D International Enters New Joint Venture for Putian Land Development

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C&D International Investment Group Ltd. ( (HK:1908) ) has shared an announcement.

C&D International Investment Group Ltd. has entered into a new cooperation agreement involving the development of land in Putian. The joint venture will include several parties, with Putian Zhaochengfeng, a subsidiary of C&D, holding a 27% stake. The transaction is classified as a connected transaction under Hong Kong’s listing rules, subject to reporting and announcement requirements. This strategic move is expected to enhance C&D’s real estate portfolio and aligns with their market-focused expansion strategy.

More about C&D International Investment Group Ltd.

C&D International Investment Group Ltd., incorporated in the Cayman Islands, operates within the investment industry. The company focuses on development projects, particularly residential and commercial real estate, through strategic joint ventures and collaborations.

YTD Price Performance: -4.44%

Average Trading Volume: 2,073,414

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$25.17B

For detailed information about 1908 stock, go to TipRanks’ Stock Analysis page.

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