CHINA CINDA (01359.HK) plans to hold a Board of Directors meeting on March 25 to approve the annual performance.

On March 13, Gelonghui announced that CHINA CINDA (01359.HK) will hold a Board of Directors meeting on March 25, 2025 (Tuesday) to review and approve (if deemed appropriate) the performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, consider the distribution of a final dividend (if any), and address any other matters.

Gelonghui FinanceMar 13 04:36 ET

NOTIFICATION OF BOARD MEETING

HKEXMar 13 04:30 ET · Announcements

Cinda Real Estate (600657.SH): Cinda Joyful Life, together with CHINA CINDA and Xinshi Wealth, jointly initiated the establishment of a limited partnership.

GLONGHUI reported on March 12 that Cinda Real Estate (600657.SH) announced that, based on the broad market for the revitalization of non-residential real estate, which contains opportunities and has a relatively mature business model, it has become a typical investment strategy. By leveraging CHINA CINDA and related parties' advantages in non-residential real estate resources and Asset Management, the company's wholly-owned subsidiary Cinda Yuelife has jointly initiated the establishment of a limited partnership with CHINA CINDA and Xingshengli to assist in the improvement of inefficient asset operations, support the revitalization of potential assets, and promote the enhancement of the company's Business operations' quality and efficiency. The total scale of the partnership's subscribed capital is 5,001 million yuan. Ordinary

Gelonghui FinanceMar 12 05:09 ET

SUNAC has been granted an approval order regarding the transfer of the company's shares.

SUNAC (01918) announced that CHINA CINDA (Hong Kong) Asset Management Company has filed a winding-up petition against the company. The company has applied to the High Court for a recognition order regarding the transfer of the company's shares, and this application was approved by the High Court on February 28, 2025. After the company is granted the recognition order, despite the petition filed against the company, all transfers of issued and paid-up shares of the company from the date the petition is filed will not be invalidated under Section 182 of the Companies (Winding-up and Miscellaneous Provisions) Ordinance.

Sina Hong Kong StocksFeb 27 23:44 ET

【Brokerage Focus】Guosen has given CHINA CINDA (01359) an initial "Neutral" rating, stating that the company's performance is expected to stabilize against the backdrop of economic recovery.

Jinwu Financial News | Guosen released a Research Report indicating that CHINA CINDA (01359) operates in the areas of distressed asset management and financial services, covering distressed asset management, Banks, securities, financial leasing, REITs, and more. Data disclosed by the company shows that the revenue share of the distressed asset management division accounted for 53% in the first half of 2024, while the financial services division accounted for 48%. The bank noted that in recent years, CHINA CINDA's total Assets have remained stable at around 1.5 trillion yuan, while revenue has decreased significantly, leading to a notable decline in Net income for ordinary Shareholders. By the end of the second quarter of 2024, total Assets reached 1.58 trillion yuan.

Gold Wing Financial NewsFeb 20 02:36 ET

Cinda Asset's Controlling Shareholder to Change

MT NewswiresFeb 17 05:06 ET