Chinlink Intl (00997) announced that the group is expected to acquire in the six months ending on September 30, 2024...
Wisdom Financial App News, Chinlink Intl (00997) announced that the group is expected to incur a comprehensive loss of not less than 0.225 billion Hong Kong dollars in the six months ending on September 30, 2024. This loss will be higher compared to the same period ending on September 30, 2023, mainly due to: Since the beginning of 2023, after the cancellation of COVID-19 restrictions, China's economic situation has not improved, leading to a decrease in revenue from financial guarantees, other financing services, real estate investment business; and significant losses due to the sluggish Chinese real estate market and major changes in the fair value of investment properties.