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Policy + fundamentals "ignite"! Hong Kong A-share property stocks collectively "excited", how to go in the future?
The market is experiencing positive changes.
Hong Kong stocks movements | Mainland real estate stocks generally opened higher with multiple tax incentives for housing trade released to help stabilize the real estate market.
Mainland real estate stocks generally opened higher, as of the time of publication, R&F Properties (02777) rose 10% to HK$1.98; Sunac (01918) rose 5.63% to HK$3; Shimao Group (00813) rose 5.38% to HK$1.37.
Midea Real Estate Separates Property Development and Sales Business
midea real est officially completed the restructuring
GeLonghui October 22nd | Midea Real Est announced on the evening of October 22nd that it has completed cash payment to shareholders who choose cash alternative, distributed private company stock certificates, made corresponding changes in private company board of directors to meet the requirements of corporate governance norms of listed companies. With this, Midea Real Est has formally completed the restructuring. On the same day, to comply with the listed company's "Enterprise Governance Rules," the company changed some members of the board of directors and adjusted the functions of the directors. Renamed Ren Lingyan as a non-executive director, Wang Quanhui resigned as an executive director of the company due to job adjustments and devoted more time to the group's business operations.
MIDEA REAL EST: COMPLETION OF THE PROPOSED DISTRIBUTION AND THE POSSIBLE DISPOSAL
Midea Real Est (03990.HK): Ren Lingyan appointed as a non-executive director.
On October 22, Gelonghui: midea real est (03990.HK) announced that starting from October 22, 2024: Wang Quanhui has resigned as the company's executive director; and Ren Lingyan has been appointed as the non-executive director of the company. In addition, the board of directors further announced the new functions of the company's executive directors, effective from October 22, 2024: Hao Hengle to comply with Article C.2.1 of the rules of corporate governance, serving as the chairman and executive director of the company; Wang Da as the executive director and president of the company; and Lin Ge as the executive director and vice president of the company.
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