Powerlong Real Estate Holdings Limited, an investment holding company, invests in, develops, operates, and manages commercial real estate projects in the People’s Republic of China. The company operates through four segments: Property Development, Property Investment, Commercial Operation and Residential Property Management, and Other Property Development Related Businesses. It develops commercial and residential properties; and owns and operates property development projects. The company is also involved in property investments mainly shopping malls, as well as hotel operations. In addition, it owns and manages international branded hotels and self-owned branded chain hotels. The company was founded in 1990 and is based in Shanghai, the People’s Republic of China.
Chinese Market Performance
7D7 Days: 0.6%
3M3 Months: 9.9%
1Y1 Year: 34.3%
YTDYear to Date: 13.7%
In the last week, the market has been flat. More promisingly, the market is up 34% over the past year. Earnings are forecast to grow by 24% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.