Express News | Evergrande Auto surged over 200% in the afternoon, while EVERG SERVICES rose nearly 20%.
Express News | Hong Kong stocks of Mainland Real Estate and property management stocks are all rising, COUNTRY GARDEN has increased by over 3%.
The Industry is accelerating the "de-real estate" process: the revenue share from SUNAC SERVICES related parties has decreased to 2.4%, with dividends of 0.88 billion over two years.
① The property Industry is accelerating its "de-real estate" process, with SUNAC SERVICES generating revenue of 6.97 billion yuan in 2024, and revenue from related parties is only 0.168 billion yuan, accounting for 2.4%; ② In 2024, SUNAC SERVICES' dividend amount reaches 0.437 billion yuan, combined with the 0.44 billion dividend from 2023, the total dividend amount for the two years is approximately 0.88 billion yuan.
Express News | Mainland Real Estate and property management stocks in Hong Kong surged initially, with CG SERVICES rising over 10%.
The State-owned Assets Supervision and Administration Commission of the State Council: unswervingly strengthen, optimize, and expand state-owned capital and state-owned enterprises.
The 2025 Issue 6 of the "Seeking Truth" magazine published a signed article by the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council titled "Unwaveringly Strengthening, Optimizing and Expanding State-owned Capital and State-owned Enterprises."
Selling 3.3 billion in Assets only two years later to 'make up for it'. The stock exchange publicly condemned China Fortune Land Development and COLOUR LIFE.
① The interval between the "boarding" and "supplementary ticket" of this event lasted two years, with an amount as high as 3.3 billion yuan; ② The Stock Exchange publicly condemned FANTASIA Group, COLOUR LIFE Service Group, and the then management of the company.