Property News · March 21, 2017

Goldin Properties shares surge to 14-month high after chairman proposes privatisation plan


Shares of Goldin Properties Holdings, owner of China’s biggest polo club in Tianjin, surged to a 14 month high on Tuesday after its chairman Pan Sutong proposed privatising the property developer.
Goldin at one stage surged more than 20 per cent to HK$8 per share – the highest since January 2016 – after it resumed trading on Tuesday following a six-day suspension of trading. At 3pm the shares retreated to HK$6.91 but were still up 5 per cent from their last trading day on…

Source : South China Morning Post
Read more…Goldin Properties shares surge to 14-month high after chairman proposes privatisation plan

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