With a more favourable environment, SHANGRI-LA ASIA improves to Positive
SHANGRI-LA ASIA (HK), a company active in the Hotels industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date February 25, 2022, the closing price was HKD 6.57 and its potential was estimated at HKD 7.35.Shangri-La Asia is an investment holding company. Through its subsidiaries, Co. is engaged in the ownership and operation of hotels and associated properties and the provision of hotel management and related services. Co. and its subsidiaries are also the registered proprietors of various trademarks and service marks in various countries, including the brand names Shangri-La, Hotel Jen, Traders, Rasa, Summer Palace and Shang Palace and related devices and logos. Through its associates, Co. is engaged in the leasing of office, commercial, residential and exhibition hall space and serviced apartments as well as the ownership and operation of hotels.
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