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.
KAISA GROUP: PROFIT WARNING
China January-February New Home Sales Slumped; Other Property Data Signal Continued Weakness
China's new home sales by value and floor area tumbled in the first two months of the year as property developers struggled to sell homes amid a prolonged real-estate slump, official data showed. New
Guotai Junan: Seizing the phased opportunities brought by the real estate development sector due to risk exposure
The industry is still under pressure, but there is no risk. Seize the phased opportunities brought by the development sector due to risk exposure.
Kaisa Group (01638.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui March 12 | Kaishaoye Group (01638.HK) issued an announcement. The board meeting will be held on March 28, 2024 to review and approve the Group's annual results and recommended dividends (if any) for the year ended December 31, 2023.
KAISA GROUP: NOTICE OF BOARD MEETING
Kaisa Group Holdings Winding-Up Petition Adjourned Until April 29
Hong Kong's High Court adjourned the winding-up petition hearing against Kaisa Group Holdings (HKG:1638) until April 29, allowing Citicorp International to amend and refile its petition, according to
China's Consumer Prices Likely Rose in February, Poll Shows
0256 GMT - China's consumer prices likely rose in February, ending a four-month decline, thanks to a temporary holiday spending boost, according to a poll of 12 economists by The Wall Street Journal.
China's New Home Prices Fall For Seventh Straight Month in January
New home prices in China fell further in January due to the continued weakness in the real estate sector. The average new home prices in 70 major Chinese cities dropped 0.37% in January from the previ
Big LPR Cut Lifts Hopes of Homebuyers
The 25-basis-point cut to over-five-year loan prime rate to 3.95 percent on Tuesday is good news for mortgages, and will help commercial banks to lower interest rates on first-home loans and guide more capital to private and small enterprises, industry experts said on Wednesday.
CITIC Securities: Policy synergy is expected to stabilize housing prices in the second quarter of 2024
CITIC Securities released a research report saying that it is expected that the real estate demand-side policy may aim to further reduce residents' home purchase thresholds and home purchase costs, which is expected to stimulate the release of potential residential demand and underpin the continued decline in the real estate market. It is expected that policy coordination is expected to stabilize housing prices in the second quarter of 2024.
CITIC Securities: Is active second-hand housing trading a trend or a cycle?
Second-hand housing tends to be active. There are cyclical factors and trend factors.
Real Estate Market Set to Get Policy Boost
Following a series of supportive measures from housing and financial authorities, China's property market is expected to see a mild pickup in major cities after the Spring Festival holiday, which extended from Feb 10 to Saturday, industry experts said on Sunday.
Kaisa Group [01638] now reports HK$0.096, a decrease of 11.93%
As of 09:51, Kaisa Group [01638] reported HK$0.096, down HK$0.013 or 11.93% from yesterday's closing price. Today's high price was HK$0.096, and the lowest price was HK$0.096. Based on yesterday's closing price, the 10-day average price was HK$0.11 and the 50-day average price was HK$0.16. The current price-earnings ratio was -0.05 times, and the 14-day strength and weakness index reported 39.78.
Kaisa Group (01638) fell 12.00% to 0.096 yuan, hitting a 52-week low
As of 09:51, Kaisa Group (01638) is down 12.00% from yesterday's closing price and is now reporting a 52-week low of $0.096; the trading volume is 0.1 million shares, with a turnover of HK$0.01 million.
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