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Million Cities Holdings 2892.HK · HKD

Real Estate · HKEX · 🇭🇰 Hong Kong

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0.60

-0.83%

Close of 4 Nov 2026, in HKD

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About Million Cities Holdings

Its shares trade on HKEX under the ticker 2892.HK. It has been listed since 20 December 2018. In the fiscal year to 31 December 2025, it reported revenue of CN¥70.8m and a net loss of CN¥20.0m. At that date it held total assets of CN¥1.30bn and shareholders' equity of CN¥550.9m.

Million Cities Holdings Ltd. engages in property development primarily focusing on properties that are dominantly for residential use. The company employs 98 full-time employees The company went IPO on 2018-12-20. The residential properties include high-rise apartments, mid-high-rise apartments, multiple-storey apartments as well as villas. Its development projects include Million Cities International, Million Cities Legend, Million Cities Royal Court, Sunshine New Court, Crown Grand Court, Dragon Terrace and Million Cities Tonghu Centre, among others. In addition, the Company is also engaged in the leasing of office buildings, car parks and kindergartens.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Real Estate
Industry
Real Estate Management & Development
Listed since
20 Dec 2018
Employees
98

Leadership

Pay as last reported

  • Mr. Ting Chung WongExecutive Chairman of the board, since 2021CN¥2.0m
  • Mr. Ka Keung LauChief Executive Officer, Executive DirectorCN¥3.3m
  • Mr. Wa Tat LiChief Financial Officer, Executive Director, Company Secretary, since 2021CN¥1.4m
  • Ms. Wai Ling WongNon-Executive Director
  • Mr. Hiu Fung ChanNon-Executive Independent DirectorCN¥15,000
  • Mr. Shu Kwan IpNon-Executive Independent DirectorCN¥339,000
  • Mr. Yinquan LiNon-Executive Independent DirectorCN¥339,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Million Cities International offers high-rise apartments in HK residential market.
  • Million Cities Legend provides mid-high-rise apartments with strong demand.
  • Million Cities Royal Court features villas attracting affluent buyers.

Weaknesses

  • 98 employees limit scalability for large-scale projects.
  • Crown Grand Court faces competition in HK property market.
  • Sunshine New Court has limited marketing reach in HK.

Opportunities

  • Dragon Terrace project expansion in HK residential segment.
  • Million Cities Tonghu Centre development in HK real estate market.
  • Leasing office buildings and car parks in HK growing sector.

Threats

  • High competition from other HK real estate developers.
  • Economic downturn affecting HK residential property demand.
  • Regulatory changes in HK real estate sector impacting projects.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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