SINOFORTUNE FIN plans to sell all issued share capital of SINOFORTUNE Real Estate
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SINOFORTUNE FIN announced plans to sell all issued share capital of SINOFORTUNE Real Estate on July 22, 2025, for a total price of HKD 29 million. The buyer is YouShi Property Limited, and the transaction includes a leaseback arrangement, with SINOFORTUNE FIN renting back the property for HKD 130,000 per month for two years. This move aims to address the downward trend in the Hong Kong commercial property market, improve the group's liquidity and financial condition, and reduce monthly financial obligations
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