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Viewpoint Indices Research Institute: Hang Lung, China Resources MixC, Longhu, and others are among the top 20 mainland shopping center operators in performance.
The Research Institute of Perspective Indices released the "Performance Index. 2024 Annual Report on the Performance of Commercial Property", pointing out that as we enter 2024, the commercial property industry has not seen the expected strong recovery. Market data shows weakness, companies are facing greater pressure in development, and project revenue faces a new round of challenges. Due to the slowdown in market demand, enterprises mainly engaged in retail business are generally facing significant market challenges, with both income and rental rates facing downward pressure. Even high-end commercial operators with strong counter-cyclical capabilities are finding it difficult to escape. Specifically, due to the sluggish consumer market, sales have declined for high-end commercial projects, and mid-range projects are also facing
powerlong (01238.HK) co-CEO resigns.
Powerlong (01238.HK) announced that Chen Deli has resigned as the co-CEO of the company, effective immediately, to devote more time to his other businesses. At the same time, he has also resigned as an executive director and CEO of Powerlong CM(09909.HK). Mr. Chen has confirmed that he has no disagreements with the board of directors.
Powerlong Commercial Management Holdings: Chen Deli Has Resigned as CEO
powerlong cm (09909): Chen Deli resigned from the position of executive director and CEO. Xu Huafang was appointed CEO.
Powerlong cm (09909) announced that Chen Deli has resigned from the position as he needs to devote more time to his other business responsibilities.
Powerlong Real Estate, Powerlong Commercial Management Ropes in KTC Partners as Auditor
powerlong cm (09909.HK): Appointing Zhongrui Heshin as the auditor.
On October 28, GeLongHui announced that, following the recommendation of the Audit Committee, the board of directors has resolved to appoint ZhongRui HeXin Certified Public Accountants LLP ("ZhongRui HeXin") as the company's auditor to fill the temporary vacancy, effective from October 28, 2024, until the next annual general meeting of shareholders.
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