Smart Fish Wealthlink buys Qingdao car park spaces for RMB 25.5 million via debt set-off

PUBT·05/29/2026 11:41:26

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Smart Fish Wealthlink agreed to acquire 170 basement car park spaces in Qingdao, China for RMB 25.5 million.
Purchase price to be settled via set-off against HK$ 33.69 million of borrower debt owed to its lending unit.
Property valuation put market value at about RMB 30.6 million; asset is currently vacant.
Group plans to lease the spaces; annual rental income targeted at about RMB 1.02 million.
Completion expected within three business days once conditions are met; longstop date set at June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Fish Wealthlink Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260529-12177786), on May 29, 2026, and is solely responsible for the information contained therein.

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