Is Logan Group (HKG:3380) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
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
龍光集團:2023年報
Market Chatter: Logan, KWG Slash Prices of Luxury Apartments By Half
Logan Group (HKG:3380) and KWG Group (HKG:1813) are selling luxury apartments at The Corniche in Hong Kong at knockdown prices, Bloomberg News reported Tuesday. The apartments used to sell for between
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.
Market Chatter: Ares Management Plans to Buy Stake in Project Loan for Hong Kong Property Project
New York-listed investment manager Ares Management Corp. plans to buy a two-thirds stake in a HK$10.2 billion loan funding a luxury property project in Hong Kong, Bloomberg News reported Tuesday, citi
Logan Group Reports Wider Loss For 2023
Logan Group's (HKG:3380) net loss attributable to the owners increased to about 8.93 billion yuan in 2023 from 8.52 billion yuan in 2022, according to a March 28 filing with the Hong Kong Exchange. Ba
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.
Longguang Group (03380) achieved revenue of 47.167 billion yuan in 2023, a year-on-year increase of 13.32%, and successfully completed the project delivery of 99 batches and more than 53,000 units
Longguang Group (03380) announced its annual results for the year ended December 31, 2023. The group obtained revenue during the period...
Longguang (3380.HK) Announces 2023 Results, Overseas Debt Management Process Accelerates Progress
On March 28, Longguang Group (3380.HK) announced its annual results for the year ended December 31, 2023. In 2023, the real estate industry is still in an adjustment cycle. It is still an extremely difficult year, and housing enterprises generally face pressure and difficulties. Longguang proactively responds to challenges, adjusts business strategies in a timely manner, continuously improves refined management, strengthens project sales and capital return measures, ensures project development and operation, and makes every effort to “stabilize operation and ensure delivery”. Overcoming many difficulties, the delivery of more than 53,000 units throughout the year was affected by the continued downturn in the real estate industry, the year-on-year decline in sales of housing enterprises, and the decline in gross profit margin and accrual savings of projects
LOGAN GROUP: ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Longguang Group (03380): Existing note holders holding more than 77.8% of the total outstanding principal amount of existing notes have signed creditor support agreements
Longguang Group (03380) issued an announcement. On the date of this announcement, the total outstanding principal amount of existing notes held exceeded 77...
Hong Kong stocks closed (03.26) | Hang Seng Index closed up 0.88%, auto and domestic housing stocks, etc. Active, Tencent (00700) closed up nearly 4%, leading the way for Technet stocks
The three major indices of the Hong Kong stock market fluctuated and declined after opening high in early trading, and collectively rallied higher in the afternoon. Among them, the Hengke Index rose 1.7% at one point, but the increase narrowed at the end of the session. At the close, the Hang Seng Index rose 0.88% or 144.68 points to 16618.32 points.
Longguang Group (03380.HK) plans to hold a board meeting on March 28 to consider and approve the annual results
Gelonghui, March 18, 丨 Longguang Group (03380.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to consider and approve (including) the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the proposed final dividend (if any).
LOGAN GROUP: DATE OF BOARD MEETING
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.
Domestic housing stocks were generally pressured, Jinhui Holdings (09993) fell 7.69%, and Motong still maintains a cautious view on domestic housing
Jinwu Financial News | Domestic housing stocks were generally pressured. Jinhui Holdings (09993) fell 7.69%, C&D International Group (01908) fell 4.36%, Agile Group (03383) fell 4%, Shimao Group (00813) fell 3.7%, Country Garden (02007) fell 3.28%, and Longguang Group (03380) fell 3.23%. Motong released a report stating that domestic housing stocks rose 8% on March 12, compared to the Hang Seng Index, that the central government rescued Vanke (02202). Although the central government may request financial institutions to support Vanke, the bank expressed doubts about some details.
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.
After the Recent Decline, Logan Group Company Limited (HKG:3380) Top Key Executive Hoi Pang Kei's Holdings Have Lost 14% of Their Value
Key Insights Significant insider control over Logan Group implies vested interests in company growth Hoi Pang Kei owns 62% of the company Using data from company's past performance alongside owner
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