01109 CHINA RES LAND
- 28.450
- -0.150-0.52%
CHINA RES LAND News
Market Chatter: Hong Kong's Home Prices Log First Rise in 10 Months
Hong Kong's private home prices climbed 1.1% month-over-month in March 2024, marking their first increase in 10 months, following the relaxation of curbs on the troubled property market, Reuters repor
[Special Offer V] Ye Shangzhi: Hong Kong Stock A Shares Will Resonate Together
Jinwu Financial News | On April 26, driven by continued capital inflows, Hong Kong stocks rose for the fifth day and tested to the first target of the 250-day line (latest report of 17,717 points). The Hang Seng Index rose by nearly 370 points and closed at the level of 17,600 points, while market turnover further increased to close to 160 billion yuan, the largest daily turnover since this year, and the highest in nine months. It is worth noting that not only Hong Kong stocks, but A-shares are also showing signs of becoming the current target of foreign capital inflows. The Shanghai and Shenzhen Stock Connect recorded a net inflow of over 22 billion yuan on Friday, which hit a new high since its opening. It is estimated that Hong Kong stocks have become targets
二零二三年度年報
Trending Industry Today: SUNAC Leads Gains In Mainland Real Estate Stocks
April 26th - The industry of $Mainland Real Estate(BK1234.HK)$ is trending higher today with 20 constituents up and SUNAC leading Gains.$SUNAC(01918.HK)$ jumps 15.3% to HK$1.13 with a turnover of HK$3
China Resources Land Limited's (HKG:1109) Business And Shares Still Trailing The Market
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 10x, you may consider China Resources Land Limited (HKG:1109) as an attractive investment with its 5x P/E
Changes in Hong Kong stocks | China Resources Land (01109) rose more than 5%, leading domestic real estate stocks, and many measures helped stabilize the property market and narrow the marginal decline in real estate sales
Domestic housing stocks generally rose. As of press release, China Resources Land (01109) rose 4.97% to HK$24.3; Zhongliang Holdings (02772) rose 3.89% to HK$0.187; and Shimao Group (00813) rose 3.28% to HK$0.315.
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.
Real estate 2023 financial report data: is there only one target left with positive net cash?
After three years of downturn, the real estate industry seems to show no signs of stabilizing. According to data from the Bureau of Statistics, commercial housing sales in 2023 hit a new low since 2012, sales volume hit a new low since 2016, while sales area and sales continued to drop by more than 20% in the first two months of 2024, and the industry saw no light in the cold winter. However, under the cold winter, the resilience and vitality of housing enterprises was tested. After the reshuffle, some leading housing enterprises came out of the storm, the market gradually cleared up, and industry concentration increased markedly. Housing enterprises with high-quality development not only achieved revenue growth, but also achieved profit increases, and financial optimization was greatly optimized
China Resources Land's cumulative contract sales for the first quarter were approximately RMB 50.72 billion
China Resources Land (01109) announced that in March 2024, the group achieved a total contract sales volume of about RMB 30.11 billion and a total contract sales area of about 1.256,000 square meters, a year-on-year decrease of 22.4% and 26.9% respectively. In the same period, equity contract sales and equity contract sales floor area were about 20.75 billion yuan and 906,600 square meters respectively, decreasing by 29.7% and 32.7% year-on-year respectively. The cumulative contract sales volume for 2024 was approximately RMB 50.72 billion, and the total contract sales floor area was about 2.242,800 square meters, a decrease of 35 per year respectively
Hong Kong Stock Announcement Nuggets | Tencent continues to spend about HK$1 billion a day to repurchase shares China Resources Land's cumulative contract sales for the first quarter of about $50.72 billion
Baiguoyuan Group (02411): Optimistic about the company's development prospects, several controlling shareholders have made voluntary sales ban commitments
China Resources Land (01109) has accumulated contract sales of approximately RMB 50.72 billion in the first quarter
According to the Zhitong Finance App, China Resources Land (01109) announced that in March 2024, the group achieved total contract sales of about RMB 30.11 billion and a total contract sales area of about 1.256,000 square meters, a year-on-year decrease of 22.4% and 26.9%, respectively. In the same period, equity contract sales and equity contract sales floor area were about 20.75 billion yuan and 906,600 square meters respectively, decreasing by 29.7% and 32.7% year-on-year, respectively. The cumulative contract sales volume for 2024 is approximately RMB 50.72 billion, and the total contract sales floor area is about 2.242,800 square meters
J.P. Morgan Chase: Domestic housing profits have not reached the bottom, China Resources Land (01109) and China and overseas (00688) are preferred by domestic housing stocks
Domestic housing is likely to continue to lose in the second quarter, unless sales recovery is stronger than expected and there is an unexpected aggressive relaxation policy.
[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
[Broker Focus] Haitong Securities maintains China Resources Land's (01109) “superior than market” rating indicating steady and orderly profit growth
Jinwu Financial News | According to Haitong Securities Research, China Resources Land (01109) achieved a turnover of 251.14 billion yuan in 2023, +21.3% year over year; net profit to mother was 31.37 billion yuan, +11.7% year over year. As of December 31, 2023, the company's consolidated gross profit margin was 25.2%, -1.0 percentage point year on year; together with the paid interim dividend and recommended final dividend, the annual dividend per share will be RMB 1.441, +2.9% year over year. By the end of 2023, the company's asset management scale reached 427.46 billion yuan, +19.2% year-on-year, of which shopping centers accounted for
Midland Properties: Hong Kong property market transactions surged after the withdrawal of the market, and market confidence continued to increase
Lau Ka-fai pointed out that Hong Kong property market transactions surged after the Hong Kong government withdrew. Coupled with the Federal Reserve keeping interest rates unchanged and expecting to cut interest rates this year, market confidence continued to increase, and the confidence index continued to rise for 3 weeks.
[Broker Focus] Guoxin Securities Maintains China Resources Land (01109) “Buy” Rating Expected Recurring Business Effectively Smoothes Business Fluctuations
Jinwu Financial News | Guoxin Securities released a research report, China Resources Land (01109) released its 2023 financial report, and the company achieved operating revenue of 251.1 billion yuan, +21% year over year; of these, development and sales revenue was 2121 billion yuan, +20% year over year; recurring business revenue was 39.1 billion yuan, +26% year over year. In 2023, the company achieved core net profit of 27.8 billion yuan, +2.9% year-on-year. According to the bank, the company's recurring business accounted for 15.6% of revenue, an increase of 0.7 percentage points over the previous year; core net profit accounted for 34.4%, an increase of 10 percent over the previous year
Spending 10 billion dollars, Changdian Technology's China Resources Department is expected to “kill two birds with one stone”
Yellow Finch is in the back
China Resources Land Sword is the “King of Big Asset Management”
The importance of management.
Nomura Adjusts China Resources Land's Price Target to HK$46.50 From HK$49.60, Keeps at Buy
China Resources Land (HKG:1109) has an average rating of buy and price targets ranging from HK$31 to HK$46.50, according to analysts polled by CapitalIQ. Price (HKD): $24.60, Change: $-0.25, Percent C
China Resources Land (01109.HK): Steady progress, a new vision and value restructuring for the new real estate model
In the past 2023, the real estate industry was still undergoing deep adjustments. The entire industry is not only facing major changes in the supply and demand relationship, but also breaking away from the old model and transforming and exploring new models of high-quality development. It has also become an industry consensus and a direction for major housing enterprises to actively plan their layout. Earlier, Minister of Housing and Urban-Rural Development Ni Hong said that the central government has made a series of important arrangements and proposed the construction of a new model for real estate development. This is a cure for solving the problems of real estate development and promoting the steady and healthy development of the real estate market. Exploring how to speed up the construction of a new model for real estate development, leading companies in the industry are at the forefront of exploration
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