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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.
Kaisa Group (01638.HK): Chen Shaohuan Resigns as Non-Executive Director
Gelonghui, April 12, 丨 Kaishaoye Group (01638.HK) announced that Chen Shaohuan has proposed his resignation as a non-executive director of the company and a member of the Audit Committee due to other personal business interests.
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.
Kaisa Group (01638.HK)'s revenue in 2023 increased by 3.0% to approximately $26.159 billion
Gelonghui, March 28, 丨 Kaishaoye Group (01638.HK) announced that revenue for the year ended December 31, 2023 increased by 3.0% compared to 2022 to approximately RMB 26.159 billion. The annual loss increased by 51.4% compared to 2022 to approximately RMB 19.702 billion. For the year ended 31 December 2023, the Group's contract sales with its joint ventures and associated companies decreased by 4.9% to approximately RMB 17,836 million. No final dividend was declared for the year ended 31 December 2023. The Group comprehensively measures the Group's development and soil
KAISA GROUP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Kaisa Group (01638.HK) Profit Alert: Expected to record a net loss of $19 billion to $21 billion in 2023
Gelonghui, March 22丨Kaishaoye Group (01638.HK) announced that for the year ended December 31, 2023, the Group is expected to record a net loss of approximately RMB 19 billion to RMB 21 billion this year, compared with a net loss of RMB 13 billion for the year ended December 31, 2022. The increase is mainly due to an increase in impairment provisions for property projects and anticipated credit losses based on prudential principles.
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