01030 SEAZEN
- 1.380
- -0.020-1.43%
SEAZEN News
Further Weakness as Seazen Group (HKG:1030) Drops 4.1% This Week, Taking Five-year Losses to 84%
Seazen Group Limited (HKG:1030) shareholders should be happy to see the share price up 28% in the last quarter. But that doesn't change the fact that the returns over the last half decade have been
China's SOEs Buying Excess Property a Major Step Forward in Rescue Plan
China's state-owned enterprises buying excess housing from the market could be a big leap forward in rescuing the country's property sector as it opens the door for direct public financing, ANZ Resear
Hong Kong stocks fluctuate, mainland real estate stocks fall collectively, Shimao Group (00813) falls more than 5%. The decline in real estate transactions in the two days before the Dragon Boat Festival holiday has expanded.
Mainland real estate stocks have generally fallen. As of press time, Shimao Group (00813) fell 5.62%, to HK$0.84; Seazen (01030) fell 4.11%, to HK$1.4; Sunac China (01918) fell 2.33%, to HK$1.26.
Seazen Group's Contracted Sales Reach 4.1 Billion Yuan in May
Seazen Group's (HKG:1030) contracted sales reached 4.10 billion yuan in May while its contracted sales area was 575,700 square meters, according to a Wednesday filing with the Hong Kong Stock Exchange
Seazen (01030.HK) achieved a cumulative contract sales of 19.754 billion yuan from January to May.
On May 2024, Seazen announced that it had achieved a contracted sales amount of approximately RMB 4.102 billion and a contracted sales area of approximately 575,700 square meters. From January to May 2024, the cumulative contracted sales amount was approximately RMB 19.754 billion and the cumulative sales area was approximately 2.7369 million square meters.
Express News | Seazen Group - May Contracted Sales RMB4.102 Bln
HTSC: China's mortgage rates may still have room to fall and remain bullish on the valuation repair of the real estate sector.
HTSC remains bullish on the real estate sector's valuation recovery, focusing on robust real estate developers with more resources in core cities and improved product capabilities, as well as property management companies with resilient performance, stable cash flow, and generous dividends.
Seazen (01030.HK): Intends to appoint Wu Ke as an independent non-executive director.
On June 4th, Gelunhui reported that Seazen (01030.HK) received a notice from Chen Huakang on June 4th, 2024. He has served the board of directors for more than eleven years. In order to maintain the good corporate governance practices of the company and allocate more time to deal with personal affairs, he will retire at the company's annual meeting of shareholders ("Shareholders Annual Meeting") and will not be re-elected at the Shareholders Annual Meeting. Therefore, Chen Huakang will also no longer serve as chairman of the audit committee and member of the remuneration committee, effective from the end of the Shareholders Annual Meeting. After considering the recommendations of the company's nomination committee, the board of directors decided to...
China Property Firms Could Revamp Business Models Amid Consolidation -- Market Talk
China's property companies could transform their business models amid accelerating industry consolidation, Citi analysts say in a research note.
Changes in Hong Kong stocks | Domestic housing stocks collectively rise, real estate purchase restrictions continue to relax, and the decline in sales of the top 100 real estate companies continued to narrow in May
The Zhitong Finance App learned that domestic housing stocks rose collectively. As of press release, Greentown China (03900) rose 5.77% to HK$8.07; Yuexiu Real Estate (00123) rose 4.76% to HK$5.94; China Overseas Development (00688) rose 3.93% to HK$15.32; and Xincheng Development (01030) rose 3.47% to HK$1.49. According to the news, data from the China Index Research Institute shows that in January-May, the total sales of the top 100 housing enterprises were 1618.45 billion yuan. Although the year-on-year decline continued to narrow compared to the previous month, it has been narrowing for four consecutive months. Furthermore, Suzhou Week
Investors Three-year Losses Continue as Seazen Holdings (SHSE:601155) Dips a Further 5.6% This Week, Earnings Continue to Decline
Every investor on earth makes bad calls sometimes. But you have a problem if you face massive losses more than once in a while. So spare a thought for the long term shareholders of Seazen Holdings C
Open Source Securities: Inventory pressure still exists in the property market, and subsequent financing progress is still worth paying attention to
According to incomplete statistics from Open Source Securities, as of May 28, 2024, 14 provinces (including Shenzhen, Shanghai, and Guangzhou) have introduced “trade-in” policies for commercial housing. Among them, Jiangsu, Shandong, and Zhejiang have implemented the most cities. In terms of urban energy levels, first-tier cities Shenzhen, Shanghai, and Guangzhou have successively implemented “trade-in” policies, and third-tier cities have implemented more “trade-in” policies.
[Broker Focus] CCB International: China's real estate inventory removal policy may speed up market consolidation and stabilization
Jinwu Financial News | CCB International said that the real estate policy has recently once again become the focus of the market. This is a “policy package” that began with the release of May 17. The bank expects the inventory removal policy to increase in 2025, and the market will continue to degrade in 2026. The effects of inventory removal policies can be very dynamic. The bank assumes that acquisitions will be concentrated in second- and third-tier cities to maximize policy impact. Based on the acquisition cost of 12,000 yuan/square meter, the 500 billion bank loan driven by the initial central bank capital of 300 billion yuan can absorb about 42 million square meters of inventory. The bank expects affordable housing in 2025
Changes in Hong Kong stocks | Domestic housing stocks collectively fall back, real estate policies are gradually being implemented, agencies say there are time delays and uncertainties in the effectiveness of fundamentals
The Zhitong Finance App learned that domestic housing stocks have collectively declined. As of press release, Sunac China (01918) fell 5.75% to HK$1.64; Vanke Enterprise (02202) fell 4.7% to HK$6.69; R&F Real Estate (02777) fell 4.31% to HK$1.11; and Xincheng Development (01030) fell 1.88% to HK$1.57. According to the news, after the central bank's new mortgage policy was announced on May 17, many places have implemented relevant policies one after another. Zhang Dawei, chief analyst of Central Plains Real Estate, believes that there are many major policies introduced by the supervisory authorities this time, but at present, the country only has a public policy
CITIC Construction Investment Securities: China Real Estate Has Entered the “Consumer Goods Era”
To understand the current reality of real estate in China and the direction of China's real estate policy, we need to pay full attention to the fact that real estate in China has moved from one big era (era of investment goods) to another (era of consumer goods).
Open Source Securities: Real estate investment and sales data continued to be low in April, and the market is still adjusting
Open Source Securities released a research report saying that after the Politburo meeting on April 30, the central government introduced a number of loose home purchase loan policies. Various regions lifted purchase restrictions in core cities such as Hangzhou and Xi'an due to city policies. The policy side was more active than before.
SDIC Securities: The new real estate policy goes hand in hand, and the collection and storage of state-owned assets is expected to accelerate and continue to be optimistic about the performance of building materials in the good production chain
The real estate industry has ushered in major favorable policies. Purchase restrictions have been relaxed in many places, and mortgage relaxation policies have exceeded expectations. Trade-in and state-owned assets collection and storage are expected to accelerate. The sales side and financing side are taking multiple measures together to help the building materials industry recover demand and improve repayments, and priority benefits for consumer building materials in the real estate chain.
Major real estate policies were introduced, but domestic housing stock performance was divided, and R&F Real Estate (02777) fell 6.77%
Jinwu Financial News | Major real estate policies were introduced, but domestic housing stock performance was divided. R&F Real Estate (02777) fell 6.77%, Longguang Group (03380) fell 6.02%, Agile Group (03383) fell 5.43%, Shimao Group (00813) fell 4.55%, and Xincheng Development (01030) fell 4.07%. In terms of growth, Zhongliang Holdings (02772) rose 5.26%, Midea Real Estate (03990) rose 5.09%, Vanke Enterprise (02202) rose 3.36%, and Yuexiu Real Estate (00123) rose 1.87%. Rating agency Fitch
China Likely to Roll Out More Property Easing Measures, GS Says
China is likely to roll out more property easing measures, especially on the demand side, Goldman Sachs analysts say in a research note. China's new housing stimulus measures announced Friday could st
Changes in Hong Kong stocks | Domestic housing stocks fall back in early trading, major real estate policies strongly improve expectations, institutions say they still need to observe the effects of the policy
Domestic housing stocks declined in early trading. As of press release, R&F Group (02777) fell 8.27% to HK$1.22; Ocean Group (03377) fell 7.94% to HK$0.58; Metro Development (01030) fell 5.81% to HK$1.62; and Vanke Enterprise (02202) fell 1.9% to HK$6.71.
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