BEIJING, Nov. 18, 2016 /PRNewswire/ -- Fang Holdings
Limited (NYSE: SFUN, "Fang" or "we"), the leading real estate
Internet portal in China, today
announced that it will report its unaudited third quarter 2016
financial results before the U.S. market opens on Monday, November 28, 2016.
Fang's management team will host a conference call on the same
day at 8:00 AM U.S. EST (9:00 PM Beijing/Hong
Kong time). The dial-in details for the live conference call
are:
International
Toll:
|
+65
67135090
|
Local
Toll:
|
|
United
States
|
+1 845-675-0437 / +1
866-519-4004
|
Hong Kong
|
+852 3018-6771 / +852
800-906-601
|
Mainland
China
|
+86 400-620-8038 /
+86 800-819-0121
|
Passcode:
|
SFUN
|
A telephone replay of the call will be available after the
conclusion of the conference call from 11:00
ET on November 28, 2016 through 7:59 ET
December 6, 2016. The dial-in details
for the telephone replay are:
International
Toll:
|
+61
2-8199-0299
|
Toll-Free:
|
|
United
States
|
+1 855-452-5696 / +1
646-254-3697
|
Hong
Kong
|
+852 800-963-117 /
+852 3051-2780
|
Mainland
China
|
+86 400-602-2065 /
+86 800-870-0205
|
Conference
ID:
|
23749283
|
A live and archived webcast of the conference call will be
available on Fang's website
at http://ir.fang.com.
About Fang
Fang operates the leading real estate Internet portal
in China in terms of the number of page views and
visitors to its websites. Through our websites, we provide
e-commerce, marketing, listing, financial and other value-added
services for China's fast-growing real estate and home
furnishing and improvement sectors. Our user-friendly websites
support active online communities and networks of users seeking
information on, and other value-added services for, the real estate
and home furnishing and improvement sectors in China. Fang
currently maintains about 100 offices to focus on local market
needs and its website and database contains real estate related
content covering more than 629 cities in China. For more
information about Fang, please visit http://ir.fang.com.
Safe Harbor Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements are made under the "safe
harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995.
These forward-looking statements can be identified by
terminology such as "will," "expects," "is expected to,"
"anticipates," "aim," "future," "intends," "plans," "believes,"
"are likely to," "estimates," "may," "should" and similar
expressions. Such forward-looking statements include, without
limitation, statements regarding Fang's future financial
performance, revenue guidance for 2016, growth and growth rates,
and market position and continued business transformation.
Statements that are not historical facts, including statements
about Fang's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of important factors could cause actual
results to differ materially from those contained in any
forward-looking statement. Potential risks and uncertainties
include, without limitation, whether the transactions contemplated
by the restructuring of Fang's assets and businesses will receive
the requisite approvals, whether such restructuring will be carried
out as planned, the impact of such restructuring on Fang's assets
and businesses, the impact of Fang's transformation from a pure
Internet information platform to a transaction-oriented platform,
the impact of Fang's implementation of a "zero tolerance policy"
that has resulted in dismissal of employees, the impact of the
slowdown in China's real estate market on Fang and the
impact on revenues of our existing and new service fees reductions,
the ability of Fang to retain real estate listing agencies as
customers during challenging economic periods, the success of
Fang's new business initiatives, the ability of Fang to manage its
operating expenses, the impact of, measures taken or to be taken by
the Chinese government to control real estate growth and prices and
other events which could occur in the future, economic challenges
in China's real estate market, the impact of competitive
market conditions for our services, our ability to maintain and
increase our leadership in China's home related internet
sector, the uncertain regulatory landscape in China,
fluctuations in our quarterly operating results, our continued
ability to execute business strategies including
our SouFun membership services and SouFun Online Shop,
our ability to continue to expand in local markets, our reliance on
online advertising sales and listing services and transactions for
our revenues, any failure to successfully develop and expand our
content, service offerings and features, including the success of
new features to meet evolving market needs, and the technologies
that support them, the quality of the loans we originate and resell
and the performance of those loans in the future, our ability to
successfully service and process customer loans for our own benefit
and for the purchasers of those loans and, should we in the future
make acquisitions, any failure to successfully integrate acquired
businesses.
For investor and media inquiries, please contact:
Dr. Hua Lei
CFO
Phone: +86-10-5631-8661
Email: leihua@fang.com
Ms. Joyce Tang
Senior Investor Relations
Manager
Phone: +86-10-5631 8659
Email: tangjunning@fang.com
Ms. Dana Cheng
Investor Relations Manager
Phone: +86-10-5631 8174
Email: chengyu.bj@fang.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/fang-holdings-limited-to-report-third-quarter-2016-financial-results-on-november-28-2016-300365821.html
SOURCE Fang Holdings Limited