Fang Completes Equity Acquisition in Wanli
Fang Holdings Limited American Depositary Shares (Each representing Four Class A Ordinary Shares, HK$1.00 par value) (SFUN)
Last fang holdings limited american depositary shares (each representing four class a ordinary shares, hk$1.00 par value) earnings: 11/30 06:22 am
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ir.fang.com
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Source: PR Newswire
BEIJING, Aug. 10, 2018 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang"), the leading real estate Internet portal in China, today announced that it has completed the acquisition of a 10% equity interest in Chongqing Wanli New Energy Co., Ltd. ("Wanli"), a company listed on the Shanghai Stock Exchange (stock code: 600847), from its former controlling shareholder. For further details of this acquisition, please refer to previous public announcements made by Fang as well as public announcement made by Wanli, available at www.sse.com.cn, the official website of the Shanghai Stock Exchange.About FangFang operates the leading real estate Internet portal in China in terms of the number of page views and visitors to its websites. Through its websites, Fang provides e-commerce, marketing, listing, financial and other value-added services for China's fast-growing real estate and home furnishing and improvement sectors. Its user-friendly websites support active online communities and n
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