Everbright Grand China Assets Limited (SEHK:3699) will look for acquisitions. During the announcement of interim results for the six months ended 30 June 2023 the Company said, "Looking ahead, the central government remained committed to driving economic growth by introducing a series of revitalization policies, which are expected to stimulate the housing and rental markets and positively impact stabilizing the growth of the property management industry. Given the unstable international environment, the Group maintains a cautious approach towards acquiring overseas properties.

On the contrary, should opportunities arise in mainland China, the Group will consider the acquisition of high-quality projects to diversify business portfolio and generate long-term investment returns. Simultaneously, the Group will actively optimize and enhance service quality and user experience to further strengthen our competitiveness and resilience, and strive to achieve long-term, stable and abundant profits for shareholders".