Fang Holdings Limited (NYSE:SFUN) re-elect Mr. Howard Huyue Zhang as an independent director of the board of directors

Fang Holdings Limited (NYSE:SFUN) stock identified change of 37.67% away from 52-week low price and recently located move of -78.65% off 52-week high price. It has market worth of $183.71MM. SFUN stock has been recorded -1.54% away from 50 day moving average and -45.30% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.11% off 20-day moving average.

On Dec. 20, 2019, Fang Holdings Limited (NYSE:SFUN) a leading real estate Internet portal in China,  declared that it held its 2019 annual general meeting of shareholders on December 20, 2019. At the meeting, the shareholders resolved by ordinary resolution to (i) re-elect Mr. Howard Huyue Zhang as an independent director of the board of directors of the Company (the Board) and a member and the chair of the audit committee of the Board, and (ii) to re-elect Ms. Hong Qin as an independent director of the Board, a member of the audit committee, a member of the compensation committee, and a member and the chair of the nominating and corporate governance committee of the Board.

About Fang

Fang operates a leading real estate Internet portal in China in terms of the number of page views and visitors to its websites. Through its websites, Fang provides primarily marketing, listing, leads generation and financial services for China’s fast-growing real estate and home furnishing and improvement sectors. Its user-friendly websites support active online communities and networks of users seeking information on, and value-added services for, the real estate and home furnishing and improvement sectors in China. Fang currently maintains approximately 65 offices to focus on local market needs and its website and database contains real estate related content covering 658 cities in China.

The Technology sector company, Fang Holdings Limited noticed change of -1.47% to $2.01 along volume of 1495037 shares in recent session compared to an average volume of 180.11K. The stock observed return of -6.51% in 5 days trading activity. The stock was at 1.52% over one month performance. SFUN’s shares are at -15.55% for the quarter and driving a -70.75% return over the course of the past year and is now at -70.14% since this point in 2018.

The average volatility for the week at 4.76% and for month was at 5.09%. There are 91.40M shares outstanding and 52.81M shares are floated in market. Right now the stock beta is 1.

Leave a Reply

Your email address will not be published. Required fields are marked *