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Glorious Property Holdings Updates on Resumption and Business Operations

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Glorious Property Holdings Updates on Resumption and Business Operations

Elevate Your Investing Strategy:

Glorious Property Holdings Limited ( (HK:0845) ) has shared an update.

Glorious Property Holdings Limited has provided an update on its resumption progress, highlighting ongoing negotiations with its auditor to resolve outstanding audit fees and efforts to commence the 2024 audit. Despite the suspension of trading since April 2025, the company’s business operations continue as usual, with significant property sales and delivery activities. The company is actively seeking to alleviate liquidity pressures by negotiating loan renewals and exploring financing options to support its working capital and commitments.

More about Glorious Property Holdings Limited

Glorious Property Holdings Limited is engaged in the development and sale of high-quality properties in key economic cities in the People’s Republic of China. The company’s property sales are primarily derived from 14 projects located in regions such as the Shanghai Region, Yangtze River Delta Region, Pan Bohai Rim, and Northeast China.

YTD Price Performance: -9.09%

Average Trading Volume: 585,403

Technical Sentiment Signal: Sell

Current Market Cap: HK$77.93M

For a thorough assessment of 0845 stock, go to TipRanks’ Stock Analysis page.

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