Property management stocks mostly rose. As of press release, Hejing Youhuo (03913) rose 6.67% to HK$0.48; Wanwuyun (02602) rose 2.71% to HK$24.6; and Shimao Services (00873) rose 2.56% to HK$1.2.
The Zhitong Finance App learned that most property management stocks rose. As of press release, Hejing Youhuo (03913) rose 6.67% to HK$0.48; Wanwuyun (02602) rose 2.71% to HK$24.6; Shimao Services (00873) rose 2.56% to HK$1.2; and Country Garden Services (06098) rose 1.84% to HK$6.64.
According to the news, the China Index Research Institute recently released the “2023 China Property Service Price Index Research Report”. The report indicates that the 20-city property service price composite index was 1075.67, up 0.03% year on year, and the increase was 0.04 percentage points narrower than the same period last year; it rose 0.02% month-on-month, an increase of 0.01 percentage points over the previous period. The average price of property services in the 20 cities was 2.57 yuan/square meter/month, and the average price of property services increased slightly.
CITIC Securities pointed out 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 in the process of growth and expansion, then it is entirely possible for the company to achieve a steady increase in performance. The bank said that at present, there is still a clear possibility of optimizing the workers' work interface in the property service industry, and there is also a trend of speeding up the application of various new technological achievements. Considering the development of value-added services, it is expected that there is still room for steady improvement in the gross margin of the industry.