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SWIREPROPERTIES Steadfast to Invest in CN, HK, SEA Mkts, Keep Reviewing Sales Strategy, Timetable
SWIREPROPERTIES (01972.HK) is completely flattered by the Hong Kong government's withdrawal of the spicy measures in the property market, believing that it will help to rebuild...
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SWIREPROPERTIES Steadfast to Invest in CN, HK, SEA Mkts, Keep Reviewing Sales Strategy, Timetable
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SWIREPROPERTIES (01972.HK)  +0.100 (+0.626%)    Short selling $1.36M; Ratio 4.509%   is completely flattered by the Hong Kong government's withdrawal of the spicy measures in the property market, believing that it will help to rebuild market confidence, and to create a much stable and healthy property market, Mabelle Ma, SWIREPROPERTIES' Director (Development and Valuations), said.

In the future, the Company will continue to review its sales strategy and the timetable for launching new properties.

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95% of its EIGHT STAR STREET has been sold, with only two remaining penthouse special units still being put up for sale by tender, Ma added. The Company will look for development opportunities in the market, and plans to insist on continuous investment in China, Hong Kong and Southeast Asian markets.

Speaking on the rumor that AIR CHINA (00753.HK)  +0.130 (+2.790%)    Short selling $21.88M; Ratio 18.720%   is studying to raise its stake in CATHAY PAC AIR (00293.HK)  +0.160 (+1.833%)    Short selling $21.97M; Ratio 34.337%   , Guy Bradley, Chairman of SWIRE PACIFIC (00019.HK)  +0.650 (+1.024%)    Short selling $13.06M; Ratio 20.136%   (00087.HK)  -0.110 (-1.101%)   , reiterated that the Group will continue to be a firm shareholder of CATHAY PAC AIR, and that the Group is satisfied with CATHAY PAC AIR's 2023 results performance.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-17 16:25.)

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