FINWIRES · TerminalLIVE
FINWIRES

HKG:9993

3 stories mentioning HKG:9993Updated 26d ago

Every FINWIRES story that references HKG:9993, newest first.

Asia

Radiance Sells Hotel Unit for 1.3 Billion Yuan Debt Assumption

Radiance Holdings (Group) Company (HKG:9993) agreed to sell its entire stake in Beijing Jinhui Chuangling to Beijing Minyue Management Consulting for a total consideration of 1.30 billion yuan, according to a Monday Hong Kong bourse filing.The consideration comprises 1 yuan in cash and the purchaser's assumption of about 1.30 billion yuan of debt. The target company, which operates hotel and catering businesses, will cease to be a subsidiary upon completion.Radiance said the disposal will help address bank loan and other outstanding debts and payables of the target company.

HKG:9993
Asia

Radiance Holdings Renews Property Services Arrangement After Restructuring; Shares Climb 6%

Radiance Holdings (HKG:9993) agreed to receive property management services from Radiance Smart Holdings, according to a Wednesday Hong Kong bourse filing.Shares of the real estate company rose nearly 6% in Thursday afternoon trading.The move came as a previous property management services agreement with Radiance Lifestyle Holdings expired Dec. 31, 2025.Due to an internal restructuring, Radiance Smart took the place of Radiance Lifestyle as the service provider.The agreement will run from Jan. 1, 2026, to Dec. 31, 2028.Radiance Smart Holdings is wholly-owned by Radiance Group Holdings, which is owned by two controlling shareholders of Radiance Holdings, Lam Ting Keung and his spouse, Lam Fung Ying.

HKG:9993
Asia

Radiance Unit Swings to Q1 Loss; Shares Jump 11%

Radiance Holdings (HKG:9993) unit Radiance Group recorded an attributable loss of 4 million yuan in the first quarter, compared with an attributable profit of 99 million yuan a year prior, according to a May 1 Hong Kong bourse filing.Shares of real estate firm Radiance Holdings were up over 11% in Monday afternoon trading.Operating revenue slipped to 1.64 billion yuan from 2.42 billion yuan in the year-ago period.

HKG:9993

Track with the FINWIRES app suite

FolioX
FolioX
Track HKG:9993 in your portfolio
WheelAI
WheelAI
Analyze HKG:9993 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on HKG:9993