SHANGHAI SHIMAO CO reduced its risk exposure resulting in an upgrade to Positive
SHANGHAI SHIMAO CO (CN), 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 4 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 Positive. As of the analysis date January 11, 2022, the closing price was CNY 3.62 and its potential was estimated at CNY 3.83.Shanghai Shimao is engaged in industrial investments; real estate comprehensive development; hotel management; property management; depatment stores; theatre chain operations; the import and export of goods and technology; the wholesale and retail of textile products, clothes, shoes, caps, general merchandise, leather goods, toys, watches, clocks, spectacles, cameras, cultural products, hardware, chemical products, construction and decoration materials, furniture, metal materials, electronic products, office supplies, machinery equipment, industrial art products, computer hardware and software.
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