Group 1 - Minsheng International (00938.HK) closed at HKD 0.970 on April 24, down 11.01% from the previous trading day, with an intraday high of HKD 1.170, marking a nearly one-year high [1] - On the same day, the main capital inflow was HKD 168,000, while outflow was HKD 72,260, resulting in a net inflow of HKD 95,740 [1] Group 2 - Minsheng International Limited is listed on the main board of the Hong Kong Stock Exchange (stock code: 938) and is incorporated in Bermuda under the Companies Act 1981 [2] - The company focuses on the development, sales, and leasing of properties in mainland China, having completed the acquisition of a property in Chongqing's central business district in July 2016 [2] - The Chongqing property is located in the Yuzhong District near the Jiefangbei pedestrian street, which is expected to benefit from high foot traffic, aiming to become a new landmark in the area [2] - The property is undergoing redevelopment, including the renovation of commercial buildings into commercial/residential complexes, with completion expected by the first quarter of 2019 [2] - The company anticipates that property prices in Chongqing will continue to rise, leading to a strategy of gradually selling residential apartments to benefit from this expected price increase [2] - Remaining redevelopment includes serviced apartments managed by an internationally recognized hotel management group and a shopping mall, expected to provide stable and long-term revenue sources [2]
民生国际盘中最高价触及1.170港元，创近一年新高