Jiayuan International Hires Legal, Financial Advisors to Assist on Debt Restructuring Plan

Jiayuan International Group (HKG:2768) has hired legal and financial advisors to help formulate and implement a restructuring plan related to its debt, according to a Friday filing with the Hong Kong

MT NewswiresMay 3 09:21 ET

China State Construction to Renew Services Deal With China Overseas Land

China State Construction Development Holdings (HKG:0830) intends to continue providing contractual services to China Overseas Land & Investment (HKG:0688) for three years through June 2027, according

MT NewswiresMay 3 09:04 ET

Country Garden Logs 3.9 Billion Yuan in April Contracted Sales

Country Garden Holdings (HKG:2007) recorded attributable contracted sales of approximately 3.85 billion yuan in April, a Friday filing on the Hong Kong bourse said. The property company's contracted g

MT NewswiresMay 3 08:23 ET

Sino-Ocean Group Unit SOG China Trims Loss in 2023

Sino-Ocean Group Holding (HKG:3377) unit SOG China recorded a net loss of 13.4 billion yuan in 2023, down slightly from 13.8 billion yuan in 2022, a Tuesday filing on the Hong Kong bourse stated. Reve

MT NewswiresMay 3 07:59 ET

Tomson Group (00258) will pay an interim dividend of HK$0.1 per share on June 13

According to the Zhitong Finance App, Tomson Group (00258) announced that it will pay an interim dividend of HK$0.1 per share for the year ended December 31, 2023 on June 13, 2024.

Zhitong FinanceMay 3 06:03 ET

湯臣集團：有關截至二零二三年十二月三十一日止年度中期股息之以股代息計劃

Futu NewsMay 3 05:47 ET · Announcements

Ligao Group (01622) receives additional guidance on the resumption of trading from the Stock Exchange

Ligao Group (01622) issued an announcement. Following the resumption guidelines issued by the Stock Exchange on May 24, 2023, the public...

Zhitong FinanceMay 3 05:42 ET

Jiayuan International Holdings (02768.HK) hired attorney Reed Zibberley to act as legal advisor and Deloitte as financial advisor

Gelonghui, May 3, 丨 Jiayuan International Holdings (02768.HK) announced that in order to make further efforts to develop and implement the company's debt restructuring plan, the company has hired Reed & Co., Ltd. and Deloitte Corporate Financial Advisory Co., Ltd. as its financial advisor. The suspension continues.

Gelonghui FinanceMay 3 05:19 ET

Country Garden (02007) April contract sales amount vested in the company's shareholders' equity was about 3.85 billion yuan

According to Zhitong Finance App, Country Garden (02007) announced that the Group, together with its joint ventures and joint ventures, achieved a total contract sales amount of about RMB 3.85 billion in a single month in April 2024, and the contract sales floor area belonging to the company's shareholders' rights was about 430,000 square meters.

Zhitong FinanceMay 3 04:43 ET

Dafa Properties Mulls Scheme of Arrangement to Settle $638 Million Debt

Dafa Properties (HKG:6111) is considering settling its debt worth $638 million through a scheme of arrangement, the company said in a Tuesday filing on the Hong Kong Stock Exchange. The real estate de

MT NewswiresMay 3 03:18 ET

Domestic housing stocks mostly rose, Midea Real Estate (03990) rose 5.8% Shanghai joined the commercial housing “trade-in” queue

Jinwu Financial News | Most domestic housing stocks rose. Midea Real Estate (03990) rose 5.8%, C&D International Group (01908) rose more than 4%, China Overseas Development (00688) rose 3.73%, China Jinmao (00817), and Greentown China (03900) rose more than 2%. Shanghai joins the “trade-in” queue for commercial housing. On May 3, the Shanghai Real Estate Industry Association and the Shanghai Real Estate Agents Association jointly initiated a “trade-in” campaign for commercial housing throughout Shanghai. Through the “trade-in” model, it will be easier for residents to replace housing and better support residents' reasonable

金吾財訊May 3 02:28 ET

Chuang's Consortium Forecasts Lower Loss in Fiscal Year 2024; Shares Fall 4%

Chuang's Consortium International (HKG:0367) forecasts its loss will slightly narrow to between HK$885 million to HK$955 million in the fiscal year ended March 31 from HK$966 million in the year-ago p

MT NewswiresMay 3 00:06 ET

Midea Real Estate Holding's January-April Sales Reach 13.6 Billion Yuan; Shares Rise 3%

Midea Real Estate Holding's (HKG:3990) contracted sales reached 13.6 billion yuan in the fourth months ended April 30 while the corresponding floor area sold reached 1.2 million square meters, accordi

MT NewswiresMay 2 23:48 ET

Poly Property Services Co., Ltd.'s (HKG:6049) Shares May Have Run Too Fast Too Soon

Poly Property Services Co., Ltd.'s (HKG:6049) price-to-earnings (or "P/E") ratio of 12.5x might make it look like a sell right now compared to the market in Hong Kong, where around half of the compan

Simply Wall StMay 2 22:03 ET

Hong Kong Stock Concept Tracking | Shanghai launches commercial housing “trade-in” activities, and the intensive introduction of optimistic policies will help stabilize buyers' confidence (with concept stocks)

CITIC Securities: Real estate policy has once again entered a small climax.

Zhitong FinanceMay 2 21:31 ET

China Overseas Land & Investment's (HKG:688) Shareholders May Want To Dig Deeper Than Statutory Profit

The market for China Overseas Land & Investment Limited's (HKG:688) stock was strong after it released a healthy earnings report last week. While the profit numbers were good, our analysis has found

Simply Wall StMay 2 20:54 ET

We Think Minmetals Land (HKG:230) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it seems

Simply Wall StMay 2 20:41 ET

Seazen Holdings Co., Ltd's (SHSE:601155) Business And Shares Still Trailing The Industry

Seazen Holdings Co., Ltd's (SHSE:601155) price-to-sales (or "P/S") ratio of 0.2x might make it look like a buy right now compared to the Real Estate industry in China, where around half of the compani

Simply Wall StMay 2 19:42 ET

Gemdale Properties and Investment's Market Cap Up HK$665m Following Year Of Insider Stock Buying

Gemdale Properties and Investment Corporation Limited (HKG:535) insiders who bought shares over the past year were rewarded handsomely last week. The stock rose 16%, resulting in a HK$665m rise in the

Simply Wall StMay 2 18:58 ET

Central China New Life Limited's (HKG:9983) P/S Is Still On The Mark Following 27% Share Price Bounce

Those holding Central China New Life Limited (HKG:9983) shares would be relieved that the share price has rebounded 27% in the last thirty days, but it needs to keep going to repair the recent damage

Simply Wall StMay 2 18:10 ET