HKEX:1321 - China New City Commercial Development Ltd China New City Commercial Deve
Sector: Real Estate, Industry: Real Estate Development
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HKD 1.04    -0.03 (-2.80%)
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24 May 2022


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General

CEO: Mr. Nanlu Shi

Headquarters: HK

Employees: 1,630

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Description

China New City Commercial Development Ltd is an investment holding company. It is principally engaged in commercial property development, leasing and hotel operations. The company's operating segments are The commercial property development segment which develops sells commercial properties in Mainland China; The property rental segment which leases investment properties in Mainland China; The hotel operations segment which owns and operates a hotel; and Other segment comprising of the company's property management services business, which provides management and security services to commercial properties. The commercial property development segment contributes to the majority of the revenue. The company earns most of its revenue from Mainland China.

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