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The latest announcement is out from Prosper Construction Holdings Limited ( (HK:6816) ).
Prosper Construction Holdings Limited has disclosed details of a rectification related to a major acquisition completed through a non-wholly-owned subsidiary in June 2025, involving the purchase of a portfolio of properties from two Qingdao-based vendors for RMB34.6 million. The consideration was fully settled by offsetting overdue contract receivables owed to the subsidiary, effectively converting outstanding debts into property assets, and the company emphasized that both vendors and their ultimate beneficial owners, despite complex family links among some individuals, are regarded as independent third parties and not connected persons, which may reduce related-party concerns for investors and clarify compliance with Hong Kong listing rules.
The most recent analyst rating on (HK:6816) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Prosper Construction Holdings Limited stock, see the HK:6816 Stock Forecast page.
More about Prosper Construction Holdings Limited
Prosper Construction Holdings Limited is a Hong Kong-listed construction group incorporated in the Cayman Islands, engaged in construction and related engineering services, with operations conducted through various subsidiaries including non-wholly-owned units that participate in project contracting and asset transactions in mainland China.
Average Trading Volume: 119,571
Technical Sentiment Signal: Sell
Current Market Cap: HK$156M
See more data about 6816 stock on TipRanks’ Stock Analysis page.