Changes in Hong Kong stocks | SF Housing Trust (02191) rose more than 14% in early trading. SF Holdings plans to spend HK$2,611 billion to acquire logistics assets under SF Housing Trust

The Zhitong Finance App learned that SF Housing Trust (02191) rose by more than 14% in early trading. As of press release, it rose 13.25% to HK$3.035, with a turnover of HK$14.791,600.

According to the news, SF Holdings announced that it will acquire all of the shares and intercompany receivables of sales entities holding four logistics properties through wholly-owned overseas subsidiaries, with a total consideration of about HK$2,611 billion. After the transaction is completed, SF Housing Trust will be terminated and liquidated, and the fund unit will be delisted from the Hong Kong Stock Exchange.

According to public information, the target assets cover four modern logistics properties in Tsing Yi, Foshan, Wuhu and Changsha in Hong Kong, with a total construction area of about 355,000 square meters, with a total valuation of HK$6.206.5 billion as of June 30, 2026. After the transaction was completed, SF Holdings regained full control of logistics properties in Hong Kong, Foshan, Wuhu and Changsha.