The company was able to handle approximately 50,100 secondary property transactions and was able to achieve the largest market share in Guangzhou.
Hopefluent Group Holdings Limited (“Hopefluent” or the “Group”), one of the largest property agents in China, has been selected as a constituent of the MSCI China Small Cap Index recently.
MSCI indices have become the most widely used international equity benchmarks by institutional investors. MSCI is a leading provider of global equity indices and benchmark related products and services to investors worldwide. It covers companies with good operational results and potential.
Mr. Fu Wai Chung, Chairman of Hopefluent, said, “We are pleased to see that Hopefluent will become part of the MSCI China Small Cap Index. This not only demonstrates the effort we have made in growing our business and the remarkable performance achieved, it will also strengthen investor confidence in the Group. In future, we will adhere to our successful business strategies to strive for better results and breakthroughs, according to a Hopefluent report.
Hopefluent handles the primary and secondary property real estate agency services in China with encouraging business growth. During the financial year 2010, the Group handled approximately 70,050 primary property transactions involving a total gross floor area of over 7.0 million square meter at a total transaction value of about HK$75.0 billion.
The Group was the exclusive agent for over 350 projects. Stepping into year 2011, the Group’s market share is increasing continuously. The Group was an agent for more than 400 projects serving more than 40 cities such as Guangzhou, Shenzhen, Zhongshan, Zhuhai, Dongguan, Foshan, Tianjin, Changsha, Hefei, Shanghai, Nanjing, Hangzhou, Suzhou, Zhengzhou, Wuhan, Jinan, Guizhou, Nanning, Xian and Hainan. Currently, the Group is working with a number of developers on different projects, highlighted by some renowned companies namely Vanke, Evergrande, Poly, Gemdale, Citic, Agile Property, Star River, New World China Land, Sun Hung Kai Properties and Shuion China Central Properties.
For the secondary property real estate agency service business, the Group has a total of over 350 branches in operation within 6 cities including Guangzhou and Shanghai. As at 31 December 2010, Hopefluent handled approximately 50,100 secondary property transactions and was able to achieve the largest market share in Guangzhou. In addition to providing property agency services, Hopefluent also handles numerous value-added services and products including property management, mortgage referral, property valuation and property auction.
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