OUE Group Affiliate of HongKong Chinese Limited Warns of Substantial Losses Amid Mainland Property Downturn

Reuters02-13
OUE Group Affiliate of HongKong Chinese Limited Warns of Substantial Losses Amid Mainland Property Downturn

OUE Limited, an affiliate of Hongkong Chinese Limited and listed on the Mainboard of Singapore Exchange Securities Trading Limited, has issued a profit guidance indicating it is expected to record a loss attributable to shareholders for the year ended 31 December 2025. The loss is mainly due to a share of loss ranging from S$220 million to S$240 million from its equity-accounted investee, along with an expected impairment of OUE Group’s investment in the investee and the reversal of provisional negative goodwill. These losses are largely non-cash in nature and do not materially impact operational cashflows or corporate funding requirements.

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. HongKong Chinese Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260213-12025412), on February 13, 2026, and is solely responsible for the information contained therein.

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