Magnificent Hotel Investments Limited (0201.HK) Stock
Magnificent Hotel Investments Limited operates as an investment holding company, primarily focused on the ownership and management of hotel properties spanning Hong Kong, mainland China, and the United Kingdom. Its diverse operations are categorized into three core segments: Hospitality Services, Property Investment, and Securities Investment.
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About Magnificent Hotel Investments Limited
Magnificent Hotel Investments Limited operates as an investment holding company, primarily focused on the ownership and management of hotel properties spanning Hong Kong, mainland China, and the United Kingdom. Its diverse operations are categorized into three core segments: Hospitality Services, Property Investment, and Securities Investment. The company manages a portfolio of six hotels within Hong Kong, including the Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, and Grand City Hotel. Additionally, its assets include the Magnificent International Hotel situated in Shanghai and two London establishments, the Royal Scot Hotel and Wood Street Hotel. Beyond its primary hospitality business, the firm also engages in hotel management services, real estate development and rentals, and securities trading activities. Incorporated in 1996 and headquartered in Central, Hong Kong, the entity was rebranded to its current name in November 2015, having previously operated as Magnificent Estates Limited.
Magnificent Hotel Investments Limited is led by CEO Kai Man Cheng, employs 497 people, headquartered in Hong Kong, HK, publicly traded since 1972.
over the past 52 weeks the stock has ranged between $0.06 and $0.10, and currently trades 30.0% below its 52-week high.
Official website: www.magnificenthotelinv.com