Report
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CHINA OVERSEAS GRAND OCEANS GROUP reduced its risk exposure resulting in an upgrade to Slightly Positive

CHINA OVERSEAS GRAND OCEANS GROUP (HK), a company active in the Real Estate Holding & Development industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date January 25, 2022, the closing price was HKD 4.72 and its potential was estimated at HKD 4.96.
Underlying
China Overseas Grand Oceans Group Limited

China Overseas Grand Oceans, along with its subsidiaries are engaged in property investment and development, property leasing and investment holding. Co.'s business activities are carried out in certain regions in the People's Republic of China (PRC) such as Changzhou, Ganzhou, Hefei, Lanzhou, Nanning, Yancheng, Yangzhou and Yinchuan. Co. operates in three business segments: Property investment and development, which constructs commercial and residential properties in the PRC; Property leasing, which holds commercial units located in the PRC for leasing; and Other segment, which provides management services to certain housing estate in the PRC and generates management fee income.

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TheScreener
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