Chinese Estates Holdings Limited (CESTY)
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 $3.20, up 0.00% on the session, giving a market capitalisation of $305.2M. On trailing twelve-month figures it carries a trailing P/E of -5.23, a net margin of -168.0%. Its beta of 0.47 implies it has historically moved less than the broad market.
Chinese Estates Holdings Limited is the publicly listed holding company (HKEX: 127) of the Chinese Estates Group, a prominent property development firm headquartered in Hong Kong. The Group's core operations encompass property investment for rental income and the development of properties for sale. While primarily focused on the Hong Kong market, Chinese Estates strategically diversifies its real estate portfolio across mainland China and the United Kingdom. Their investment holdings predominantly feature retail and office assets. In Hong Kong, these properties are distinguished by their strategic locations in prime commercial hubs like Causeway Bay and Wanchai, offering excellent accessibility. Internationally, the Group's assets include a five-star international hotel in Beijing, China, alongside four investment properties situated in London, UK. With over two decades of experience, Chinese Estates has established a strong reputation for enhancing the value and revenue of its investment properties through adept conceptualisation and execution of redevelopment, renovation, and repositioning initiatives. The company specializes in developing mid to high-end commercial and residential projects, including a range of quality, cosmopolitan residential properties offered for sale.
Chinese Estates Holdings Limited is most often compared with the following Real Estate names: