CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

China Resources Land Board Approves RMB 1.11 Billion Acquisition of Shenzhen Hubei Lexing

By Public Technologies
  • China Resources Land's board backed the acquisition of full ownership of Shenzhen Hubei Lexing Real Estate Development.
  • A wholly owned subsidiary won the October 30, 2026, judicial auction for 100% of the target for RMB 1.11 billion.
  • Internal resources will fund the acquisition; the remaining RMB 887.49 million is payable before November 13, 2026.
  • Nonexecutive director Huang Ting abstained from the acquisition resolution because he is a director of CR Trust.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Resources Land Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12390996), on October 30, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk