HK Stock Market Move | SHK's PPT(00016) rose more than 3% in the morning. The YOHO WEST PARKSIDE in Hong Kong Tin Shui Wai is expected to be launched for sale this month at the earliest.
New World Development (0016) rose more than 3% in the morning, as of the time of publication, it increased by 3.54% to HK$71.65, with a turnover of HK$2.09 billion.
SHK PPT (00016) rose more than 3% in the morning, as of the time of writing, it has increased by 3.54% to HKD 71.65, with a trading volume of HKD 2.09 billion.
On the news front, on February 11, the acting general manager of SHK PPT, Hu Zhiyuan, stated that the sales brochure and show units for the YOHO WEST PARKSIDE project in Tin Shui Wai, under the group, are in the final stages and will be launched as soon as this month. He mentioned that the phase 1 of the project has been completed with good sales response. Upon completion of the project, a series of value-added services will be provided, including online shopping mail collection, home maintenance and cleaning, rental of small appliances and household items, and "activity steward" services.
The executive director of New World Agency, Chan Hon-kam, mentioned that in the first quarter of 2025, three projects will be launched, providing a total of 1,890 units. Among them, YOHO WEST PARKSIDE in Tin Shui Wai will be the first to be launched, offering 525 units, followed by TPlus (Phase 2) in Kai Tak, with approximately 584 units, and One South Beach Phase A, with around 781 units.
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