Powerlong Commercial Management Holdings Limited provides commercial operational and residential property management services across the People's Republic of China. Its commercial services include tenant management, rent collection, and value-added services for shopping malls and retail properties, while residential services cover properties, serviced apartments, and office buildings. The company was founded in 1993 and is headquartered in Shanghai.
The trading halt likely relates to Evergrande liquidators’ efforts to sell Evergrande Group’s majority interest in Evergrande Services, which could...