Chinese Estates Holdings Limited (CESTF)
Chinese Estates Holdings Limited operates in the Real Estate - Diversified industry of the Real Estate sector, headquartered in Hong Kong, HK. The stock last traded at $0.15, up 0.00% on the session, giving a market capitalisation of $286.1M. On trailing twelve-month figures it carries a trailing P/E of -10.42, a net margin of -52.5%. Its beta of 0.45 implies it has historically moved less than the broad market.
Chinese Estates Holdings Limited (HKSE: 127) functions as the parent company for the Chinese Estates Group, a leading property development conglomerate based in Hong Kong. The Group's primary activities involve both real estate investment, generating rental income, and property development projects destined for sale. While its main presence is in Hong Kong, the company has strategically expanded its property interests into mainland China and the United Kingdom. Within Hong Kong, a significant portion of its investment portfolio comprises well-located retail and office spaces situated in prime commercial districts like Causeway Bay and Wanchai, known for their high accessibility. Beyond Hong Kong, Chinese Estates owns a five-star international hotel in Beijing, China, and four investment properties located in London, UK. For more than two decades, Chinese Estates has established a solid reputation for enhancing the value and revenue streams of its investment properties by conceptualizing and implementing extensive redevelopment, renovation, and repositioning programs. Additionally, the company is adept at crafting mid-to-high-end commercial and residential developments, offering a selection of premium, contemporary residential units for purchase.
Chinese Estates Holdings Limited is most often compared with the following Real Estate names: