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Express News | Midea Real Estate Holding - Controlling Shareholders to Acquire Total of 30.0 Mln Shares at HK$2.88 per Share
Hong Kong stocks movements | Mainland real estate stocks generally opened higher with multiple tax incentives for housing trade released to help stabilize the real estate market.
Mainland real estate stocks generally opened higher, as of the time of publication, R&F Properties (02777) rose 10% to HK$1.98; Sunac (01918) rose 5.63% to HK$3; Shimao Group (00813) rose 5.38% to HK$1.37.
Midea Real Estate Holding's (HKG:3990) Earnings Have Declined Over Five Years, Contributing to Shareholders 70% Loss
Midea Real Estate Separates Property Development and Sales Business
MIDEA REAL EST: COMPLETION OF THE PROPOSED DISTRIBUTION AND THE POSSIBLE DISPOSAL
Midea Real Est (03990.HK): Ren Lingyan appointed as a non-executive director.
On October 22, Glehn reported that, as of October 22, 2024, Wang Quanhui had resigned as an executive director of the company; and Ren Lingyan had been appointed as a non-executive director of the company. In addition, the board of directors further announced that the executive directors of the company have the following new functions, effective as of October 22, 2024: Hao Hengle, in accordance with Article C.2.1 of the Corporate Governance Rules, will serve as Chairman and Executive Director of the company; Wang Da will serve as an Executive Director and CEO of the company; and Lin Ge will serve as an Executive Director and Vice President of the company.
The Three-year Shareholder Returns and Company Earnings Persist Lower as Midea Real Estate Holding (HKG:3990) Stock Falls a Further 9.7% in Past Week
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