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Changes in Hong Kong stocks | Jinyi Group Holdings (00565) rose more than 3% and recently its subsidiary plans to sell all of Xuansheng International's shares
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The Zhitong Finance App learned that Jinyi Group Holdings (00565) rose more than 3%. As of press release, it had risen 3.42% to HK$3.775, with a turnover of HK$2021,800.

According to the news, Jinyi Group Holdings announced that on October 5, 2026, the seller (Right Lane International Limited, a direct wholly-owned subsidiary of the company) plans to sell the entire issued share capital of the company (Xuansheng International Limited) to the buyer Chen Wenlan at a cost of HK$1.

The announcement stated that the selling company was an investment holding company. The sales group has always been mainly engaged in property operations in China. The sale enabled the Group to optimize its asset and resource allocation and focus on areas and businesses with greater potential for growth. The move also enhances the Group's overall financial flexibility by eliminating loss-making businesses, enabling the Group to reallocate internal resources to support its other existing main businesses.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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