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Powerlong (01238) has been removed from the Hang Seng Composite Smallcap Index and may be removed from the Hong Kong Stock Connect.
On August 16, Hang Seng Index Company announced the latest quarterly review results, in which Powerlong (01238) was removed from the Hang Seng Composite Smallcap Index. The change will be implemented after the market close on September 6, 2024 (Friday) and will take effect from September 9, 2024 (Monday).
Powerlong Real Estate Prepares for Key Board Meeting
Powerlong (01238.HK) plans to hold a board of directors meeting on August 28 to approve the mid-year performance.
Powerlong (01238.HK) announced on August 16 that the board of directors meeting will be held on Wednesday, August 28, 2024 at Room 701, 7th floor, Powerlong Building, 1399 Xinzhen Road, Minhang District, Shanghai, China to consider and approve the company and its subsidiaries' interim performance as of June 30, 2024, as well as any other transactions and matters (if any).
POWERLONG: DATE OF BOARD MEETING
Powerlong Commercial Sets Board Meeting Date
The real estate sector has two consecutive surges, the China Southern CSI All Share Real Estate ETF and the real estate ETF rose by 2%.
Reducing inventory of existing homes is one of the main focuses of current real estate policies.
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