Saw this in a private group. Not i say one, dont target me!
Today 11/5, 2 days later, it has sunk to 44 US cents. The other major seller is another Chinese Qian JianRong who has sold off 18.8mil shares.
Listed in May 2019 and just 6 months after IPO, the REIT is 44% off it's launching price. The 3 major shareholders with different company names are from the same family. The 6 properties were sold into EHT at such a hugh profit and their IPO holding is 34%.
time to attend their AGM and scold their management lor. maybe bring some eggs along hor
Why those aiming EHT when HK reits are trading so cheaply in term of quality assets.
Saw this in a private group. Not i say one, dont target me!
Today 11/5, 2 days later, it has sunk to 44 US cents. The other major seller is another Chinese Qian JianRong who has sold off 18.8mil shares.
Listed in May 2019 and just 6 months after IPO, the REIT is 44% off it's launching price. The 3 major shareholders with different company names are from the same family. The 6 properties were sold into EHT at such a hugh profit and their IPO holding is 34%.
Reply to @makeascene : woah, sounds so fishy