Property management stocks picked up in early trading. As of press release, Xuhui Yongsheng Services (01995) rose 7.46% to HK$1.44; Hejing Youhuo (03913) rose 6.02% to HK$0.44; Elegant Life Services (03319) rose 5.44% to HK$3.49; and Country Garden Services (06098) rose 5.27% to HK$6.39.
The Zhitong Finance App learned that property management stocks picked up in early trading. As of press release, Xuhui Yongsheng Services (01995) rose 7.46% to HK$1.44; Hejing Youhuo (03913) rose 6.02% to HK$0.44; Elegant Life Services (03319) rose 5.44% to HK$3.49; and Country Garden Services (06098) rose 5.27% to HK$6.39.
According to the news, CITIC Securities released a research report stating that the stock market in the property industry is basically stable, the pressure on the cost side is low, and the transparency of performance is high. If an enterprise can control the repayment risk during growth and expansion, then it is entirely possible for the company to achieve a steady increase in performance. The bank believes that the property service industry is a Chaoyang industry with relatively little correlation with the economic cycle and a highly stable basic market.
Dongwu Securities, on the other hand, pointed out that the real estate industry is undergoing major marginal changes. The target of short-term transactions of property companies is the target of restoration in anticipation of death, and the target with the greatest flexibility is the company with which the market has the greatest differences over whether the majority shareholders/related developers can survive. Performance is not the core factor affecting short-term trends. In the medium to long term, the two core competencies of market-based outreach and the ability to broaden service boundaries will gradually dominate the differentiation between companies. Companies with these two core competencies have long-term investment value.