The Zhitong Finance App learned that the resumption of trading of Landsea Green Management (00106) soared by more than 44%. As of press release, it had risen 38.98% to HK$0.082.

According to the news, Landsea Green Management announced that Landsea Homes, a non-wholly-owned subsidiary of the company, acquired all of the shares of Dallas-Fort Worth private builder Antares Acquisition, LLC from an independent third party at a basic purchase price of US$185 million. According to the announcement, the acquisition enabled the company to strategically expand its brand to the Dallas/Fort Worth area and strengthen its share in the US affordable premium housing market.