Shimao Services (00873) once rose more than 13%. As of press release, it had risen 7.07% to HK$1.06, with a turnover of HK$2.8246 million.
The Zhitong Finance App learned that Shimao Services (00873) once rose by more than 13%. As of press release, it had risen 7.07% to HK$1.06, with a turnover of HK$2.8246 million.
According to the news, on October 17, Shimao Services announced the third party market expansion results for September, expanding a total of 12 projects in residential, government logistics, industrial parks, corporate logistics, urban complexes, and schools. In terms of housing, Shimao Services has expanded the Yunxia Lianyuan Project in Hangzhou, Zhejiang, the Shimao Yating Project in Chongqing, and the Vanke Park Project in Sanya, Hainan.
Furthermore, on October 31, Chengdu Shimao Tiancheng, an indirect wholly-owned subsidiary of World Trade Services, signed an investment agreement with a joint venture partner. Based on this, the contracting parties agreed to establish a joint venture to build, install, operate and invest in electric vehicle charging stations and related businesses in China. According to reports, the registered capital is RMB 0.4 billion, of which Chengdu Shimao Tiancheng invested RMB 0.196 billion, with a shareholding ratio of 49%, and the joint venture partner invested RMB 0.204 billion, with a shareholding ratio of 51%.