Brief: China Properties Investment Announces Compulsory Redemption Of Investment Fund
Oct 17 (Reuters) - China Properties Investment Holdings Ltd
0736.HK :
* CHINA PROPERTIES INVESTMENT ANNOUNCES COMPULSORY
REDEMPTION OF
INVESTMENT FUND
* CHINA PROPERTIES INVESTMENT- INVESTMENT ADVISOR INFORMED
THAT
PORTFOLIO WILL BE CLOSING DOWN DUE TO LACK OF OPERATING SCALE
AND SHRINKING AUM OF FUND
* CHINA PROPERTIES INVESTMENT - EXPECTED THAT GROUP WOULD
RECORD
LOSS OF ABOUT HK$9.5 MILLION UPON COMPLETION OF COMPULSORY
REDEMPTION
Source text for Eikon: ID:nHKS9Qwq2h
Further company coverage: 0736.HK
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