CHINANEWTOWN (01278.HK): Q3-end fixed-income portfolio RMB 3.073bn
- Against the 30 June 2026 portfolio, the Group added fixed-income projects in Taixing Economic Development Zone and the Changzhou Xinbei new central axis industry-city integration project.
- The Group exited the Wuxi Huishan IDTI dental device centre project, the Yancheng Water Purification Group project and phase two of the Wenzhou Lucheng District project, recovering RMB 580 million of principal.
NewTimeSpace News: On 12 October 2026, China New Town Development Company Limited (stock code: 01278.HK) published a voluntary update on its urbanisation fixed-income portfolio. As at 30 September 2026, after deducting impairment provisions for risk projects, the portfolio totalled about RMB 3.073 billion. Excluding risk projects, the rest are contracted to generate pre-tax annualised guaranteed income of about RMB 223 million, an average pre-tax annualised return of about 7.3%.
In the third quarter the Group mainly added fixed-income projects in Taixing Economic Development Zone and the Changzhou Xinbei industry-city integration project, and exited the Wuxi Huishan IDTI dental device centre project, the Yancheng Water Purification Group project and phase two of the Wenzhou Lucheng District project, recovering RMB 580 million of principal with all principal and guaranteed income received. Quarterly voluntary updates will continue.
