Changhong Meiling: Net loss from asset disposal this year is approximately 8.23 million yuan.

NightAirdropper · 2026-04-06T20:49:57+00:00

Changhong Meiling announces its financial outlook for 2025, expecting a decrease of approximately 110 million yuan in consolidated net profit due to asset disposals and impairment provisions. Meanwhile, the Hong Kong property market is experiencing active high-end buyers.

NightAirdropper

2026-04-06 20:49:57

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Daily Economic News AI Express, Changhong Meiling (SZ 000521, closing price: 6.29 yuan) announced on the evening of April 2 that this year its net loss from asset disposals was approximately 8.23 million yuan, it recorded asset impairment provisions of approximately 110 million yuan, reversed credit impairment provisions of approximately 7.89 million yuan, and in total reduced the company’s 2025 full-year consolidated income statement profit before tax by approximately 110 million yuan.

Daily Economic News Headlines (nbdtoutiao) — Hong Kong’s property market “big-ticket buyers” entered the market at an 18-year high; some reportedly spent a whopping 100 million to buy 10 units, while others moved into their new property and then flipped it for a profit of 1.1 million Hong Kong dollars!

(Reporter: Zeng Jianhui)

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