Sincere (00244.HK): Central store lease renewal unsuccessful, will cease operation in early December; plans to find a new site in the same district and continue operating the Mong Kok store and online shop.

Zhito Finance APP news, Sincere (00244.HK) announced that although the company intended to renew the lease of its Central store, which expires on December 31, 2026, it failed to reach an agreement with the landlord regarding the renewal. As a result, the Central store will cease operations around early December, after which store restoration works will be carried out and the premises returned to the landlord.