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Property – FastNews

BRIEF: Auditor casts doubt on Ever Reach’s ability to continue as going concern

Property developer Ever Reach Group (Holdings) Co. Ltd. (3616.HK) on Monday reported its revenue totaled 2.76 billion yuan ($38.5 million) last year, down 22% year-over-year. The company posted an annual…
July 21, 2025
3616.HK
Kingboard does infrastructure

BRIEF: GDS completes IPO for its data center property REIT

Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…
July 17, 2025
9698.HK GDS.US

BRIEF: Vanke’s losses continue to grow in first half of 2025

Real estate developer China Vanke Co. Ltd. (2202.HK, 000002.SZ) warned on Monday that it expects to report a loss of between 10 billion yuan ($1.4 billion) and 12 billion yuan…
July 15, 2025
2202.HK 000002.SHE

BRIEF: Bondholders approve Logan’s onshore debt restructuring

Real estate developer Logan Group Co. Ltd. (3380.HK) said on Wednesday that restructuring plans for 21 of its onshore corporate bonds and asset-backed securities (ABS) have all been approved by…
July 10, 2025
3380.HK

BRIEF: Greentown’s H1 sales down 11%, former chairman detained 

Real estate developer Greentown China Holdings Ltd. (3900.HK) said its contract sales in the first half of the year totaled 80.3 billion yuan ($11.2 billion), involving an area of ​​2.29 million square meters. Sales attributable…
July 8, 2025
3900.HK

BRIEF: Agile sells seasoning products business for $33 million

Agile Group Holdings Ltd. (3383.HK) announced on Tuesday that its wholly owned subsidiary, Yaxin Investment, has agreed to sell its 21.16% stake in Guangdong PRB Bio-Tech Co. Ltd. to Guangdong…
June 24, 2025
3383.HK
Fortior made an IPO

BRIEF: Green Economy invests $1.48 million in Bayed Health Group IPO

Building maintenance services company Green Economy Development Ltd. (1315.HK) said on Wednesday it will invest HK$11.6 million ($1.48 million) in shares of Bayzed Health Group Inc. (2609.HK) during the biotech…
June 19, 2025
1315.HK 2609.HK
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