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Emperor Int'l (00163.HK) held a board of directors meeting on June 24th to approve the annual performance.
Emperor Int'l (00163.HK) announced that the Board of Directors will hold a meeting on June 24, 2024 (Monday).
EMPEROR INT'L: Date of Board Meeting
Channels: There are signs that the impact of the withdrawal of hot measures in Hong Kong is slowing down, and it is expected to affect the performance of mortgage and insurance in the third quarter.
According to the report from The Intelligent Finance and Economics App, on June 12th, Cao Deming, the vice president of Jieluo Mortgage Brokerage, stated that the Hong Kong property market saw a brief rebound in transactions after the removal of the stamp duty. Coupled with new buyers gradually moving into properties purchased earlier this year, the demand for new mortgages has significantly increased.
Ricard Court: Hong Kong property prices rose for two consecutive months, and the increase narrowed markedly in April
The Zhitong Finance App learned that Chen Haichao, head of the research department of Li JiaGe Real Estate, said that Hong Kong property prices rose for two months, reflecting the effect of removing spiciness. However, the increase narrowed significantly in April, dragged down by new listings being sold at low prices, making it difficult for second-hand owners to continue to harden their prices. Some anxious landlords may need to cut prices accordingly, putting pressure on second-hand property prices;
Emperor International's Unit Sells Star Omen; Shares Down 4%
Emperor International Holdings' (EIH) (HKG:0163) direct unit Emperor Property Development agreed to sell the entire equity interest in the company's indirect unit Star Omen and its owed loan to Empero
Emperor International plans to sell Hong Kong properties for HK$700 million
Emperor Entertainment Hotel (00296) and Emperor International (00163) jointly announced that on May 24, 2024, the seller Emperor Property Development (a direct wholly-owned subsidiary of Emperor International) entered into a sales agreement with the buyer Poly Keen. The seller conditionally agreed to sell, and the buyer conditionally agreed to purchase all of the shares of the target company Star Omen Limited and the loan owed by the target company to the seller. The target group's main asset is the property (a 25-storey apartment building located at the junction of 20-26 Old Bailey Street and 11 Chancery Lane, Central, Hong Kong). Its price
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