China Merchants Securities plans to sell five properties in Shenzhen for 148 million yuan as brokerages accelerate creative ways to revitalize existing assets
Gelonghui February 25 | According to the Daily Economic News, from the official website of the Shanghai United Assets and Equity Exchange, China Merchants Securities is listing five properties in Shenzhen for sale, with a total sale price of approximately 148 million yuan. Notably, some of these properties were purchased in the 1990s. In the context of China Merchants Securities’ expected net profit of 12.3 billion yuan in 2025, this transaction has a limited actual impact on performance. Industry insiders point out that this move aims to activate existing assets and is a normal business operation. In fact, since 2025, several brokerages including Hongta Securities, Huaxi Securities, and Founder Securities have been actively disposing of or leasing their properties, with some properties listed with a value increase of up to 802.17%. The trend of brokerages accelerating the divestment of old properties and revitalizing idle assets is becoming increasingly evident.
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China Merchants Securities plans to sell five properties in Shenzhen for 148 million yuan as brokerages accelerate creative ways to revitalize existing assets
Gelonghui February 25 | According to the Daily Economic News, from the official website of the Shanghai United Assets and Equity Exchange, China Merchants Securities is listing five properties in Shenzhen for sale, with a total sale price of approximately 148 million yuan. Notably, some of these properties were purchased in the 1990s. In the context of China Merchants Securities’ expected net profit of 12.3 billion yuan in 2025, this transaction has a limited actual impact on performance. Industry insiders point out that this move aims to activate existing assets and is a normal business operation. In fact, since 2025, several brokerages including Hongta Securities, Huaxi Securities, and Founder Securities have been actively disposing of or leasing their properties, with some properties listed with a value increase of up to 802.17%. The trend of brokerages accelerating the divestment of old properties and revitalizing idle assets is becoming increasingly evident.