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An announcement from Shenzhen Investment ( (HK:0604) ) is now available.
In the fourth quarter of 2024, Shenzhen Investment Limited reported unaudited contracted sales of approximately RMB 9.036 billion, driven by a strategic focus on the recovering Shenzhen real estate market. The company achieved significant sales success in several projects, including Upper Scholar and Luxury Mansion, contributing to a total of RMB 16.967 billion in unaudited sales for the year. The property leasing segment witnessed substantial growth, with key renovations leading to a significant increase in rental income. The company’s commercial activities were bolstered by the signing of 200 new brand merchants and substantial growth in customer traffic, indicating a strong market presence and enhanced asset value.
More about Shenzhen Investment
Shenzhen Investment Limited is a prominent player in the real estate sector, focusing on property sales and leasing. The company primarily operates in the Shenzhen market, with a notable presence in Shanghai and Chengdu, specializing in real estate development and management.
YTD Price Performance: -7.27%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $936.9M
See more data about 0604 stock on TipRanks’ Stock Analysis page.
