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HKG Announcement Insight | Montage Technology priced at HKD 106.89 per share, with the Hong Kong public offering receiving 707.3 times subscription.
Zijin Mining (02899) announced its production planning for key mineral products from 2026 to 2028 and the outline of long-term goals up to 2035; CRRC Times Electric (03898) is projected to achieve a net profit attributable to shareholders of approximately 4.105 billion yuan in 2025, representing a year-on-year increase of 10.88%.
Texwood Properties (00199.HK) invested tens of millions to acquire a 0.37% stake in Zhongmiao Holdings (01417.HK).
Texwood Properties (00199.HK) announced that it has entered into a framework agreement with Zhongmiao Holdings (01417.HK) to acquire a total of 525,100 shares of Zhongmiao Holdings on the open market, representing 0.37% of its equity, for a total consideration of HKD 10 million, with the aim of establishing a long-term strategic partnership. Under the agreement, both parties will jointly explore an innovative business model combining 'physical asset supply + digital financial security' through resource integration and technical collaboration. They will also cooperate in areas such as the digitization of real-world assets (RWA), digital asset risk management, and cross-border asset distribution.
Zhongmiao Holdings (01471) has reached a strategic cooperation agreement with Dexiang Group to explore a business model that combines 'physical asset supply and digital financial security.'
Zhongmiao Holdings (01471) announced that the company has entered into a framework agreement with ITC Strategic Holding Limited, a wholly-owned subsidiary of Dexiang Property Group Limited (Dexiang Property, together with its subsidiaries collectively referred to as the 'Dexiang Group'), to establish a long-term strategic partnership. Under the agreement, the group and Dexiang Group will jointly explore the business model of 'physical asset supply + digital financial security' through resource integration and technical synergy, and collaborate on digital asset risk management and cross-border asset distribution.
ITC Properties Extends Deadline for Share Subscription
Indian Equity Benchmarks Set for Muted Start; Weak Rupee, Rising Oil Prices Weigh
Hong Kong property prices are expected to rise by 3.3% in 2025, marking the first annual increase in four years.
Hong Kong's residential property prices have reached a turning point after three years of decline. Lower interest rates and reduced inventory have driven an improvement in market sentiment, with the full-year property prices for 2025 recording their first annual increase since 2021. Data released on Wednesday by the Hong Kong government's Rating and Valuation Department showed that private residential property prices rose 3.3% for the whole of 2025. In December, property prices increased by 0.2% month-on-month, marking the seventh consecutive month of growth, following a revised 1.1% increase in November. This shift indicates that Hong Kong's property market may have bottomed out. Over the past three years, factors such as high mortgage interest rates and weak economic prospects led to a loss of professionals.