Acquisition Details: GREAT EAGLE H, in partnership with SINO LAND, acquired a residential site in Jordan Valley for $1.61 billion, marking their first residential site acquisition of the year.
Strategic Importance: The site is located in East Kowloon, an area with strong transportation links and community facilities, which is expected to enhance the Group's land reserves and future development potential.
Commitment to Development: GREAT EAGLE H expressed confidence in Hong Kong's long-term development prospects and plans to continue forming strategic partnerships to identify future development opportunities.
Market Context: The short selling data indicates a significant interest in both GREAT EAGLE H and SINO LAND, with respective short selling ratios of 6.021% and 13.954%.
Wall Street analysts forecast 00041 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00041 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00041 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00041 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 15.020
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Current: 15.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
