Highest Performances Holdings Inc. Price & Performance (HPH)

Highest Performances Holdings Inc. has appointed Ms. Pei Yu as an independent director and chair of the audit committee, following the resignation of Mr. Ziming Huang. Yu brings a strong background in finance and audit, previously serving at Shenzhen Clarion Capital and PricewaterhouseCoopers. The board affirms her qualifications meet Nasdaq standards.12

Highest Performances Holdings Inc. executed a 1-for-60 reverse stock split, consolidating shareholder positions and reducing outstanding shares. This move, effective April 14, aims to comply with Nasdaq listing requirements and could impact liquidity and investor perception in the near term. Fractional shares resulting from the split are retained by shareholders.34

Hong Kong’s commercial property sector continues to face headwinds, with office occupancy pressured by oversupply and subdued demand. Retail performance has softened due to shifting tourist spending and macro uncertainties, despite full occupancy in major malls. The sector is focusing on placemaking and digital innovation to maintain competitiveness.56