00123 YUEXIU PROPERTY
- 4.760
- +0.360+8.18%
YUEXIU PROPERTY News
Trending Industry Today: SINO-OCEAN GP Leads Gains In Retirement Concept Stocks
April 29th - The industry of $Retirement Concept(BK1335.HK)$ is trending higher today with 5 constituents up and SINO-OCEAN GP leading Gains.$SINO-OCEAN GP(03377.HK)$ gets a 15.78% boost to HK$0.33 wi
Huatai Securities: Chengdu's release of a new real estate policy is expected to stimulate market demand
In the long run, an increase in high-quality supply is expected to increase the market competitiveness of new homes in the next 1-2 years.
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
Yuexiu Property Wins Tender to Buy Land Parcel in Shanghai
Yuexiu Property Wins Tender to Buy Land Parcel in Shanghai
Gelonghui Announcements Selected (Hong Kong Stocks) | Shijiyao Group (02005.HK) Net Profit Increased 14.6% to HK$416 Million in the First Quarter
[Today's Focus] Shijiyao Group (02005.HK): Net profit increased by 14.6% in the first quarter to HK$416 million. Shijiyao Group (02005.HK) announced that the group's sales were mainly carried out in China and were denominated in RMB. For the three months ending March 31, 2024, the RMB depreciated by about 3.6% against the Hong Kong dollar compared to the same period in 2023. As a result, in Hong Kong dollars, the Group's unaudited turnover for the three months ended 31 March 2024 increased by only 2.9% over the same period in 2023 to approximately HK$1,799 billion (same period in 2023: approximately HK$1,749 million).
Yuexiu Real Estate (00123): Successfully competed for a plot in Zhongxing Community in Jing'an District, Shanghai with 1,597 billion yuan through public listing
Yuexiu Real Estate (00123) issued an announcement on April 16, 2024, through Hangzhou Yile Industrial Investment Co., Ltd...
Domestic housing stocks generally fell, Jinhui Holdings (09993) fell 7.23%. In March, sales prices of newly built commercial residential homes in first-tier cities fell 1.5% year on year
Jinwu Financial News | Domestic housing stocks generally fell. Jinhui Holdings (09993) fell 7.23%, Ocean Group (03377) fell 6.4%, Shimao Group (00813) fell 4.76%, Xuhui Holding Group (00884) fell 3.15%, and Xincheng Development (01030), Yuexiu Real Estate (00123), and Longhu Group (00960) fell more than 2%. According to data released by the National Bureau of Statistics, in March, second-hand residential sales prices in first-tier cities fell 0.7% month-on-month, and the decline was 0.1 percentage points narrower than the previous month. Among them, Beijing, Shanghai, Guangzhou, and Shenzhen fell 0.4%, respectively.
National Bureau of Statistics: The month-on-month decline in commercial residential sales prices in various tier cities narrowed slightly in March, and the year-on-year decline increased
In March 2024, the volume of newly built commercial housing and second-hand housing transactions in 70 large and medium-sized cities increased compared to the previous period. The decline in commercial residential sales prices in various tier cities narrowed slightly from month to month, and the year-on-year decline increased.
Earnings Working Against Yuexiu Property Company Limited's (HKG:123) Share Price Following 26% Dive
The Yuexiu Property Company Limited (HKG:123) share price has fared very poorly over the last month, falling by a substantial 26%. The recent drop completes a disastrous twelve months for sharehold
Changes in Hong Kong stocks | Domestic housing stocks fell more than 8% due to the previous Shimao Group (00813) falling by more than 8%, and real estate sales were still under pressure in the first quarter
Domestic housing stocks had the highest decline. As of press release, Shimao Group (00813) fell 8.45% to HK$0.325; Yuexiu Real Estate (00123) fell 4.67% to HK$3.88; and Ocean Group (03377) fell 3.7% to HK$0.26.
Domestic housing stocks were collectively pressured, Agile Group (03383) fell 5.77%. The contract sales amount of many housing companies in the first quarter fell by more than 50% year on year
Jinwu Financial News | Domestic housing stocks were collectively pressured. Agile Group (03383) fell 5.77%, Shimao Group (00813) fell 5.63%, Yuexiu Real Estate (00123) fell 5.16%, China Overseas Hongyang Group (00081), Sunac China (01918), Longhu Group (00960) fell more than 4%, and China Jinmao (00817) and Xuhui Holding Group (00884) fell more than 3.5%. According to the news, contract sales amounts for many housing companies declined in the first quarter. Longhu Group achieved total contract sales of 23.48 billion yuan in the first quarter, a decrease of 53.7%; involving sales
Yuexiu Real Estate (00123)'s cumulative contract sales for the first 3 months were about RMB 21.702 billion, down about 50.5% year on year
Yuexiu Real Estate (00123) announced that in March 2024, the company achieved contract sales (along with joint ventures and joint ventures...
[Broker Focus] Everbright Securities maintains Yuexiu Real Estate (00123) “buy” rating, but gross margin is expected to remain under pressure in the short term
Jinwu Financial News | According to the Everbright Securities Research Report, Yuexiu Real Estate (00123) achieved revenue of 80.2 billion yuan in 23 years, with a core net profit of 3.5 billion yuan. According to Kiri data, Q1 achieved full-caliber sales of 21.7 billion yuan in 2014, ranking 10th in the sales list. According to the bank, since new home sales are still under pressure, the company's gross margin is expected to remain under pressure in the short term, but performance is expected to gradually pick up, driven by an increase in the settlement scale. Considering that the country's new home sales are still under pressure, or the pressure to repair the company's sales and gross margin is increasing, the bank lowered the company's basic EPS forecast for 24-25 to 0.89, respectively
Changes in Hong Kong stocks | Domestic housing stocks fell again in the first quarter, and the real estate market continued to be under pressure in April. Top 100 sales may still be under pressure
Domestic housing stocks declined again. As of press release, Midea Real Estate (03990) fell 6.23% to HK$3.61; Ocean Group (03377) fell 3.51% to HK$0.275; and Vanke Enterprise (02202) fell 3.1% to HK$4.38.
[Broker Focus] Everbright Securities: Optimistic that China's industrial parks are entering stock reform+innovation and development period, public REITs are conducive to industrial park asset revaluation
Jinwu Financial News | According to Everbright Securities Research, the current supply and demand relationship in China's real estate market has undergone major changes. In the beginning of 2024, supervisory authorities will continue to actively optimize real estate policies and accelerate the construction of a new model for real estate development. On the supply side, the regulation suggests that the financial industry supports real estate financing, continues to support real estate financing through comprehensive methods such as credit, bonds, and equity, emphasizes that housing enterprises with different forms of ownership are “treated equally”, establish a coordination mechanism for urban real estate financing, and improve the mortgage rate and use of operating property loans. The financing cash flow of high-quality housing enterprises is expected to increase; on the demand side, the Ministry of Housing and Construction proposes to fully allocate urban real estate
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