Shares of LVGEM China Property (00095) rose more than 8% in the afternoon session, gaining 8.65% to HK$0.201 as of press time, with a turnover of HK$274,600.

On the news front, LVGEM China Property recently announced that, pursuant to an application jointly made by the company, the petitioner and all other creditors on record via a consent summons filed on September 30, 2026, the High Court issued an order on September 30, 2026 to further adjourn the hearing of the petition to April 6, 2027.

The company believes that this further consensual adjournment reflects broad and continued support from its creditors for the progress achieved to date, and also demonstrates the continued willingness of major creditors to give the company time to advance the proposed restructuring.

The company intends to make good use of this extended period to implement the results of its consultations with various creditor groups, and will continue to strive to achieve a constructive and sustainable restructuring outcome beneficial to all stakeholders.

Earlier, LVGEM China Property released its 2026 interim results, with revenue of 9.771 billion yuan, up 839.76% year-on-year; loss attributable to shareholders was 554 million yuan, narrowing by 69.83% year-on-year.