Prinx Chengshan Updates on Thailand Tire Production Base

Tip Ranks
2025.09.05 00:39
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Prinx Chengshan Holdings Limited (HK:1809) has announced an update on its tire production base in Thailand, which is temporarily suspended for improvement work starting September 5, 2025. The company confirms compliance with Thai regulations and expects no significant financial impact from recent events in Thailand. The latest analyst rating for HK:1809 is a Buy with a price target of HK$8.00. Prinx Chengshan is primarily involved in tire manufacturing and is listed on the Stock Exchange of Hong Kong, with a current market cap of HK$4.57B.

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Prinx Chengshan Holdings Limited ( (HK:1809) ) has issued an update.

Prinx Chengshan Holdings Limited announced an update regarding its tire production base in Thailand, which has undergone improvement work and is temporarily suspended from September 5, 2025. The company assures compliance with Thai laws and regulations and does not anticipate a significant financial impact from recent events in Thailand.

The most recent analyst rating on (HK:1809) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on Prinx Chengshan Holdings Limited stock, see the HK:1809 Stock Forecast page.

More about Prinx Chengshan Holdings Limited

Prinx Chengshan Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the tire manufacturing industry. The company operates a tire production base in Thailand and is listed on the Stock Exchange of Hong Kong.

Average Trading Volume: 762,218

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.57B

For an in-depth examination of 1809 stock, go to TipRanks’ Overview page.

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