Mingfa Group (International) Co., Ltd. [0846.HK] Stock Forecast

Mingfa Group (International) Company Limited, an investment holding company, engages in the property development and leasing, and hotel management businesses in the People's Republic of China. The company operates through three segments: Property Development, Hotel, and Property Investment and Management. The Property Development segment develops commercial and residential real estate properties. The Hotel segment operates hotels. The Property Investment and Management segment invests in properties; and provides management and security services to residential, hotel, and commercial properties. It also engages in the manufacture and sale of furniture; trade of construction materials; and provision of sports services, as well as consultancy services. The company was founded in 1994 and is headquartered in Nanjing, the People's Republic of China. Mingfa Group (International) Company Limited is a subsidiary of Galaxy Earnest Limited.