Chen Xing Development Holdings Limited (HK:2286) has released an update.
Chen Xing Development Holdings Limited has secured land use rights for two significant parcels in Taiyuan’s Jiancaoping District, marking a major development opportunity. The acquisition, valued at approximately RMB 544.1 million, involves a mix of residential and commercial usage. The transaction is supported by government reimbursement, paving the way for future expansion.
For further insights into HK:2286 stock, check out TipRanks’ Stock Analysis page.