HK Stock Market Move | Greenland CHINAPROPERTIES (00095) rose over 8% in the afternoon; the petition hearing was further adjourned to April 2027; first-half loss narrowed by nearly 70% year-on-year.

Greenland CHINAPROPERTIES (00095) rose over 8% in the afternoon, up 8.65% as of press time, at HK$0.201, with a turnover of HK$274,600. On the news front, Greenland CHINAPROPERTIES recently announced that, pursuant to an application jointly made by the Company, the petitioner and all other creditors in the case via a consent summons on September 30, 2026, and filed on the same day, the High Court issued an order on September 30, 2026, further adjourning the hearing of the petition to April 6, 2027. The Company believes that this further consensual adjournment reflects the broad and continued support of its creditors for the progress achieved to date, and also demonstrates the continued willingness of major creditors to give the Company time to advance the proposed restructuring. The Company intends to make good use of this extended period to implement the results of its consultations with its various creditor groups, and will continue to strive to achieve a constructive and sustainable restructuring outcome beneficial to all stakeholders. Previously, Greenland CHINAPROPERTIES released its 2026 interim results, with revenue of RMB 9.771 billion, up 839.76% year-on-year; loss attributable to shareholders of RMB 554 million, narrowed by 69.83% year-on-year.