Property News · November 13, 2025

China’s CR Land seeks US$260 million from stake sale in property services arm


Chinese developer China Resources Land (CR Land) plans to raise more than HK$2 billion (US$260 million) by selling a 2.17 per cent stake in its property-management arm, China Resources Mixc Lifestyle Services, through a discounted share placement.
CR Land agreed to place 49.5 million shares of CR Mixc Lifestyle at HK$41.70 each, according to a filing to the Hong Kong stock exchange on Thursday. It represented a 9.58 per cent discount to the subsidiary’s last closing price of HK$46.12, and a 1.3…

Source : South China Morning Post
Read more…China’s CR Land seeks US0 million from stake sale in property services arm

You may also like...