Sino-Ocean Group's share price and EPS drop, along with halted dividends, suggest unresolved issues. Market jitters may impact performance, but long-term share price weakness could be a bad sign. Contrarian investors might see a turnaround opportunity.
Chinese property developer$碧桂园(02007.HK)$closed flat at $0.73 after reports that another US$15 million of interest on its overseas bonds is due.$远洋集团(03377.HK)$leaped 4.8% after a proposed grace period for interest payment on subordinated bonds of its subsidiary was extended to mid-December.$中国恒大(03333.HK)$shot up 3.6% after midday.$恒大汽车(00708.HK)$jumped up nearly 39%.
Despite a share price surge and upbeat growth forecasts, the company's low P/S ratio suggests potential major risk factors. Persistent revenue declines indicate shareholders are accepting lower selling prices, and the optimistic future revenue growth forecast outpacing the broader industry hasn't managed to boost the company’s P/S.
Hong Kong stocks waned in the morning along with the external market.$恒生指数(800000.HK)$opened 89 points lower and, after narrowing the loss to 61 points at 17,823 at the beginning of the morning session, widened the decline later to 234 points or 1.3%, closing at 17,651 for the half-day.$国企指数(800100.HK)$descended 85 points or 1.4% to 6,096.$恒生科技指数(800700.HK)$declined 84 points or 2.2% to 3,837. Total half-day turn...
Hong Kong stocks opened higher in the morning.$恒生指数(800000.HK)$opened 11 points or 0.06% higher at 17,942.$国企指数(800100.HK)$opened 4 points or 0.08% higher at 6,214.$恒生科技指数(800700.HK)$opened 6 points or 0.16% higher at 3,993. Property stocks were boosted by a report that China intends to set up a special loan programme for the transformation of urban villages.$中国金茂(00817.HK)$and$远洋集团(03377.HK)$opened 2.7% ...
远洋集团股票讨论区
Car stocks and Homebuilders also performed well
Domestic property stocks remained sought after. $龙湖集团(00960.HK)$ , $旭辉控股集团(00884.HK)$ , $绿城中国(03900.HK)$ , $合景泰富集团(01813.HK)$ and $融创中国(01918.HK)$ rocke...
Chinese developers took the lead to soar
For Chinese property developers, $中国海外发展(00688.HK)$ and $龙湖集团(00960.HK)$ spiked 3.5% and 4.7%. $华润置地(01109.HK)$ swelled 2.6%. $远洋集团(03377.HK)$ , to convene fourth creditors' meeting tomorrow, intends to extend interest payment deadline to mid-November. Its shares open 4.9% higher at $0.43.
$中国恒大(03333.HK)$ shot up 10% to $0.55 after Guangzhou became the first T1 city to officially announce the easing of purchase restrictions. Yet $越秀地产(00123.HK)$ , $远洋集团(03377.HK)$ , $龙湖集团(00960.HK)$ , $新城发展(01030.HK)$ and $融创中国(01918.HK)$ sank 1.7%-2.7%. $富力地产(02777.HK)$...
HSI Declines 234 pts; Some CN Homebuilders Elevate
HSI Opens 11 pts Up; SUNAC Spikes 10%
Property stocks were boosted by a report that China intends to set up a special loan programme for the transformation of urban villages. $中国金茂(00817.HK)$ and $远洋集团(03377.HK)$ opened 2.7% ...
暂无评论