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Hengsheng Properties (00845) received additional resumption guidelines from the Stock Exchange and remains suspended.
Hengsheng Real Estate (00845) announced that on May 6, 2026, the company received the following resumption guidelines from the Stock Exchange, revising the additional resumption guidelines agreed upon on August 13, 2025: to re-comply with Rule 3.10(1), Rule 3.10(2), Rule 3.10A, Rule 3.21, Rule 3.25, and Rule 3.27A.
Hengsheng Properties (00845.HK): Xue Wenjun has resigned as an independent non-executive director.
Gelonghui, April 24th – Hengsheng Properties (00845.HK) announced that Xue Wenjun has resigned as an independent non-executive director of the company due to a desire to devote more time to other personal matters. He will also no longer serve as the chairman of the company’s audit committee or as a member of the remuneration committee, nomination committee, and corporate governance committee. His resignation will take effect on April 24, 2026.
Glorious Property Delays 2024 and 2025 Results Amid Funding and Audit Hurdles
Hengsheng Properties (00845): Total floor area of property units exceeding 70,000 square meters to be sold and delivered in 2025
Hengsheng Properties (00845) announced that during the twelve months ended December 31, 2025, the group sold and delivered property units with a total construction area exceeding 70,000 square meters. The group's property sales were primarily from its 14 projects located in the Shanghai region, the Yangtze River Delta region, the Bohai Rim region, and Northeast China. The group will continue to focus on the construction, sale, and delivery of its property projects and will seek to lease and sell office buildings and commercial spaces.
GLORIOUS PPT H: DELAY IN PUBLICATION OF 2025 ANNUAL RESULTS AND DESPATCH OF 2025 ANNUAL REPORT
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.