Group 1 - The trend of delisting in the real estate sector continues, with two Hong Kong-listed companies, Upkun Properties and WISCO Properties, announcing their delisting within a week [1][3] - Upkun Properties will have its listing status officially canceled on October 27, 2025, due to failure to publish its annual report and a cross-default on its 13.5% senior notes [1][2] - WISCO Properties has announced a voluntary privatization plan, with a share cancellation price of HKD 1, representing a premium of approximately 104.08% over the last trading day [3] Group 2 - Upkun Properties faced significant management and financial staff turnover, which severely impacted the preparation and auditing of financial statements [2] - WISCO Properties has reported three consecutive years of losses since 2022, with its chairman emphasizing the need to ensure the company's survival and improve its financial health [3] - Several other listed real estate companies have also delisted from the Hong Kong stock market, indicating a broader trend in the industry [4]
两大知名房企,宣布退市
3 6 Ke·2025-10-29 03:03