China Huirong Financial Holdings Ltd. (HK:1290) has released an update.
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China Huirong Financial Holdings Ltd. has announced the disposal of its 100% equity interest in Huifang Dingqian to Suzhou Xinwei for approximately RMB76.99 million. This transaction marks a significant shift for the company as it will no longer hold interests in Huifang Dingqian and Huifang Hezhong, the owner of Hongzhuang Commercial Property. The deal is classified as a discloseable transaction under Hong Kong’s Listing Rules, necessitating official notification and announcement.
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