Wai Yuen Tong to Sell Shenzhen Property Unit for Nearly 100 Million Yuan

MT Newswires Live

Jul 17

Wai Yuen Tong Medicine (HKG:0897) agreed to sell a unit that owns a property in Shenzhen's Pingshan district, according to a Thursday joint Hong Kong bourse filing with parent Wang On (HKG:1222).

The consideration for Guanzun (Shenzhen) Trade Development is 99.8 million yuan. The company owns a factory, two dormitory buildings, and a land parcel.

Wang On and Wai Yuen Tong expect to record a disposal gain of about HK$46.5 million, subject to audit, and plan to use the proceeds for general working capital and operations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2652745834"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2652745834\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2652745834?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-17 12:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2652745834","market":"nz","top_or_hot":-1,"title":"Wai Yuen Tong to Sell Shenzhen Property Unit for Nearly 100 Million Yuan","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/00897\">Wai Yuen Tong</a> Medicine (HKG:0897) agreed to sell a unit that owns a property in Shenzhen's Pingshan district, according to a Thursday joint Hong Kong bourse filing with parent <a href=\"https://laohu8.com/S/01222\">Wang On</a> (HKG:1222).</p><p>The consideration for Guanzun (Shenzhen) Trade Development is 99.8 million yuan. The company owns a factory, two dormitory buildings, and a land parcel.</p><p>Wang On and Wai Yuen Tong expect to record a disposal gain of about HK$46.5 million, subject to audit, and plan to use the proceeds for general working capital and operations.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wai Yuen Tong to Sell Shenzhen Property Unit for Nearly 100 Million Yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWai Yuen Tong to Sell Shenzhen Property Unit for Nearly 100 Million Yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-17 12:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/00897\">Wai Yuen Tong</a> Medicine (HKG:0897) agreed to sell a unit that owns a property in Shenzhen's Pingshan district, according to a Thursday joint Hong Kong bourse filing with parent <a href=\"https://laohu8.com/S/01222\">Wang On</a> (HKG:1222).</p><p>The consideration for Guanzun (Shenzhen) Trade Development is 99.8 million yuan. The company owns a factory, two dormitory buildings, and a land parcel.</p><p>Wang On and Wai Yuen Tong expect to record a disposal gain of about HK$46.5 million, subject to audit, and plan to use the proceeds for general working capital and operations.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SRU.SI","symbol_name":"CSOP iEdge SREIT ETF US$","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2652745834","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2652745834","pubTimestamp":1784263531,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Wai Yuen Tong Medicine  agreed to sell a unit that owns a property in Shenzhen's Pingshan district, according to a Thursday joint Hong Kong bourse filing with parent Wang On .The consideration for Guanzun  Trade Development is 99.8 million yuan. The company owns a factory, two dormitory buildings, and a land parcel.Wang On and Wai Yuen Tong expect to record a disposal gain of about HK$46.5 million, subject to audit, and plan to use the proceeds for general working capital and operations.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SRU.SI":"CSOP iEdge SREIT ETF US$","CFA.SI":"NikkoAM-STC Asia REIT","BK1191":"制药","SRT.SI":"CSOP S-REITs INDEX ETF","GLS.SI":"Lion SG Phy Gold S$","01222":"WANG ON GROUP","JJJ.SI":"Lion-Nomura Japan Active ETF","CLR.SI":"LION-PHILLIP S-REIT","BK1216":"多样化房地产活动","00897":"位元堂"},"translate_title":"伟元堂将以近1亿元出售深圳物业单位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRU.SI":0.6,"GLS.SI":0.6,"00897":0.9,"SRT.SI":0.6,"CLR.SI":0.6,"01222":1,"CFA.SI":1.5,"JJJ.SI":0.6},"content_text":"Wai Yuen Tong Medicine (HKG:0897) agreed to sell a unit that owns a property in Shenzhen's Pingshan district, according to a Thursday joint Hong Kong bourse filing with parent Wang On (HKG:1222).The consideration for Guanzun (Shenzhen) Trade Development is 99.8 million yuan. The company owns a factory, two dormitory buildings, and a land parcel.Wang On and Wai Yuen Tong expect to record a disposal gain of about HK$46.5 million, subject to audit, and plan to use the proceeds for general working capital and operations.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}