Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. Powerlong Real Estate Holdings Limited
  6. News
  7. Summary
    1238   KYG720051047

POWERLONG REAL ESTATE HOLDINGS LIMITED

(1238)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Powerlong Real Estate : VOLUNTARY ANNOUNCEMENT INCLUSION IN MSCI CHINA INDEX

05/13/2021 | 03:18am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

POWERLONG REAL ESTATE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1238)

VOLUNTARY ANNOUNCEMENT

INCLUSION IN MSCI CHINA INDEX

This announcement is made by Powerlong Real Estate Holdings Limited (the "Company") on a voluntary basis.

The board of directors of the Company (the "Board") is pleased to announce that the Company will be included as a constituent for the MSCI China Index with effect as of market close on 27 May 2021.

The Board believes that the Company's inclusion into the MSCI China Index represents capital market's recognition of the Company's performance and value, which is expected to enhance the Company's reputation and increase the trading liquidity of the Company, resulting in realization of the value of investment in the Company.

By Order of the Board

Powerlong Real Estate Holdings Limited

Hoi Kin Hong

Chairman

Hong Kong, 12 May 2021

As at the date of this announcement, the executive directors of the Company are Mr. Hoi Kin Hong, Mr. Hoi Wa Fong, Mr. Xiao Qing Ping, Ms. Shih Sze Ni Cecilia and Mr. Zhang Hong Feng; the non-executive director of the Company is Ms. Hoi Wa Fan; and the independent non-executive directors of the Company are Dr. Ngai Wai Fung, Dr. Mei Jian Ping and Dr. Ding Zu Yu.

Disclaimer

Powerlong Real Estate Holdings Ltd. published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 07:17:03 UTC.


ę Publicnow 2021
All news about POWERLONG REAL ESTATE HOLDINGS LIMITED
09/09POWERLONG REAL ESTATE : ' August Contracted Sales Reach $1 Billion
MT
09/08Powerlong Real Estate Holdings Limited Reports Unaudited Operating Statistics for the M..
CI
08/30POWERLONG REAL ESTATE : Seeks Clearance from Hong Kong Regulator for REIT Spinoff; Shares ..
MT
08/27Powerlong Real Estate Proposes Spin-Off and Separate Listing Of Powerlong REIT
CI
08/19Powerlong Real Estate Holdings Limited commences an Equity Buyback Plan for 414,240,300..
CI
08/18Powerlong Real Estate Holdings Limited Announces Semi Annual Dividend for the Period En..
CI
08/18Powerlong Real Estate Holdings Limited Reports Earnings Results for the Half Year Ended..
CI
08/10POWERLONG REAL ESTATE : Books Property Sales Worth $1.5 Billion in July
MT
08/09Powerlong Real Estate Holdings Limited Announces Unaudited Group Sales Results for the ..
CI
07/30New purchases in the MarketScreener Asia Portfolio
More news
Analyst Recommendations on POWERLONG REAL ESTATE HOLDINGS LIMITED
More recommendations
Financials
Sales 2021 45 603 M 7 052 M 7 052 M
Net income 2021 5 018 M 776 M 776 M
Net Debt 2021 42 358 M 6 550 M 6 550 M
P/E ratio 2021 3,69x
Yield 2021 11,0%
Capitalization 17 477 M 2 703 M 2 703 M
EV / Sales 2021 1,31x
EV / Sales 2022 1,03x
Nbr of Employees 12 340
Free-Float 34,5%
Chart POWERLONG REAL ESTATE HOLDINGS LIMITED
Duration : Period :
Powerlong Real Estate Holdings Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends POWERLONG REAL ESTATE HOLDINGS LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Last Close Price 4,26 CNY
Average target price 7,13 CNY
Spread / Average Target 67,4%
EPS Revisions
Managers and Directors
Wa Fong Hoi Chief Executive Officer & Executive Director
De Li Chen Associate President
Min Shun Liao Chief Financial Officer & Vice President
Kin Hong Hoi Chairman
Yao Ming Huang VP & General Manager-Investment Development Centre