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Hong Kong Stock Concept Tracking | Economic Daily: There is still room for development in the real estate market, foreign-funded institutions are shifting to the Chinese real estate market (with concept stocks)
UBS analysts who rarely gave China Evergrande a “sell” rating switched to singing the Chinese property market
Changes in Hong Kong stocks | Domestic housing stocks continue to rise recently, and many cities push for housing “trade-in” demand-side policies, which are expected to support the initial stabilization of the property market
The Zhitong Finance App learned that domestic housing stocks continued their recent gains. As of press release, Xincheng Development (01030) rose 5.88% to HK$1.08; China Overseas Development (00688) rose 4.45% to HK$12.68; Yuexiu Real Estate (00123) rose 4.09% to HK$4.07; and Xuhui Holdings (00884) rose 3.92% to HK$0.265. According to the news, Shenzhen was the first to launch a “trade-in” housing. Currently, 21 agencies and 13 real estate projects have participated in the “Happy Home Exchange”. According to statistics from the China Index Research Institute, more than 30 cities have now expressed their support for “
Yuexiu Real Estate (00123.HK): Lin Feng Resigns as Vice Chairman, Executive Director and General Manager
Gelonghui, April 24 | Yuexiu Real Estate (00123.HK) announced that Lin Feng has resigned as the company's vice chairman, executive director and general manager due to changes in his job within Guangzhou Yuexiu Group. After his resignation, he also ceased serving as a member of the Environmental, Social and Governance Committee under the Board of Directors. Since April 24, 2024, Lin Feng has also resigned as the chairman and non-executive director of Yuexiu Service Group Co., Ltd. (stock code: 6626) (“Yuexiu Services”), a subsidiary of the Company.
Zhongtai Securities: Commercial housing sales picked up month-on-month in the first quarter, and industry fundamentals are still weak
Various data on the real estate industry from January to March 2024 are still low. As the three major projects, including urban village renovation, continue to advance, and the optimization and adjustment of core housing policies, future industry data is expected to bottom out and stabilize as policies continue to be introduced.
Changes in Hong Kong stocks | Yuexiu Real Estate (00123) rose nearly 6% in early trading and spent 1.6 billion yuan to successfully compete for a plot in Jing'an District, Shanghai
The Zhitong Finance App learned that Yuexiu Real Estate (00123) rose nearly 6% in early trading. As of press release, it had risen 3.91% to HK$3.72, with a turnover of HK$29.623,300. According to the news, Yuexiu Real Estate announced that on April 16, 2024, Hangzhou Yile, a 95% subsidiary, successfully competed for a residential site located in Zhongxing Community, Jing'an District, Shanghai, with a total construction area of about 31,933.20 square meters, at a cost of 1,597 billion yuan. In addition, Yuexiu Real Estate recently announced that in March, the company achieved a contract sales amount of about RMB 11.341 billion, achieving contract sales
Yuexiu Real Estate: Successfully competed for a plot of 1,597 billion yuan in Jing'an District of Shanghai through public listing
Yuexiu Real Estate (00123) announced that on April 16, 2024, it successfully competed for the 151b-19 plot, Unit C070201, Zhongxing Community, Jing'an District, Shanghai through a public listing of RMB 1,597 billion through a public listing process through Hangzhou Yile Industrial Investment Co., Ltd. (a subsidiary of the company that actually owns 95% of the shares). The Zhongxing Community plot in Jing'an District of Shanghai covers an area of about 8168.22 square meters, with a total construction area of about 31933.2 square meters, of which the total construction area is about 204,20.55 square meters. The nature of the plot in Zhongxing Community, Jing'an District, Shanghai is intended to be a residence
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