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SUNAC SERVICES (01516.HK): Focus on core first- and second-tier cities, completely withdraw from Zhangtai Service Group.
On April 30, Gelonghui reported that SUNAC SERVICES (01516.HK) announced that in order to further optimize its Global Strategy layout, the group will focus more resources and management efforts on first- and second-tier core cities. On April 29, 2025, the company's wholly-owned subsidiary, Rongyuan Investment, signed an equity Trade agreement with Guangxi Laozhangjia to enable the group to fully exit the Zhangtai Service Group. Accordingly, Rongyuan Investment will transfer 80% of its indirectly held equity in Guangxi Zhangtai Rongchuang Wisdom ("target company") to Guangxi Laozhangjia for a price of 0.82662 billion yuan through related Trade arrangements. After the completion of this Trade, the group will not
Sunac Services Holdings Ltd. Exits Zhangtai Services Group in Strategic Move
SUNAC SERVICES: 2024 Annual Report
Express News | Sunac Services Holdings Ltd - Sells 80% Equity for RMB826.62 Million
Express News | Sunac Services Holdings Ltd - Exits Zhangtai Services Group
Hong Kong stocks are experiencing unusual movements | Property management stocks are warming up today. The cash level in the property management Industry continues to rise. Institutions are Bullish on the continuous growth and dividend attributes of the i
Property management stocks rebounded today. As of the time of reporting, CHINA RES MIXC (01209) is up 4.17%, priced at 34.95 HKD; YONGSHENG SERVICES (01995) is up 3.57%, priced at 1.74 HKD; SUNAC SERVICES (01516) is up 3.21%, priced at 1.61 HKD; CG SERVICES (06098) is up 1.97%, priced at 6.72 HKD.
Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low

天府山庄 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html
103725026 : What happened?
103725026 : Oh, no movement.