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ROI exceeds 20%! China's wealthy flock to the $1.7 trillion "high-yield market"......
Chinese wealthy investors are pursuing the $1.7 trillion private crediting market, ignoring warnings of rising default rates, because some of these trades have an roi exceeding 20%.
China PPT Inv (00736.HK) appoints Zhao Mingwei as a business consultant.
China PPT Inv (00736.HK) announced on August 12th that Mr. Zhao Mingwei has been appointed as the company's business consultant from August 12th, 2024.
CHINA PPT INV: ANNUAL REPORT 2024
China PPT Inv (00736.HK) expanded its annual losses to 131 million yuan in the Performance report.
China PPT Inv (00736.HK) announced its performance for the fiscal year ending in March, recording a revenue of 66.39 million yuan, a 2.7% year-on-year decrease. The loss expanded from 57.18 million yuan in the previous year to 131 million yuan, with a loss of 49 cents per share. No final dividend will be distributed.
China PPT Inv (00736) announced its annual performance with a net loss of about 131 million Hong Kong dollars, a year-on-year expansion of 128.78%.
China PPT Inv (00736) announced its annual results for the year ended March 31, 2024, with revenue of HKD 66.393 million, a YoY decrease of 2.73%, and a net loss of approximately HKD 131 million, a YoY increase of 128.78%, with a loss per share of 49 HK cents. The announcement stated that the decrease in revenue was mainly due to the government's acquisition of a plot of land in the area where one of the Group's investment properties is located, resulting in a decrease in rental income. The loss was mainly attributable to expected credit losses from receivables and interest income from lending and other receivables, as well as valuation losses on investment properties, respectively.
CHINA PPT INV: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEARENDED 31 MARCH 2024
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