Hong Kong stocks surged | Agile Group (03383) rose more than 5%, leading mainland real estate stocks, as the real estate market policy continues to strengthen, and the acquisition and storage of properties is expected to speed up.
Mainland real estate stocks rose in early trading. As of press time, Agile Group (03383) rose 5.66% to HKD 0.56 per share, and Shimao Group (00813) rose 5.06% to HKD 0.83 per share.
Next China, Hong Kong Stock Rally Will Likely Need Concrete Property Sector Policy
Hong Kong and China's stock market rally in May was driven by the re-rating of valuations to a more normalized level from the extremely bearish sentiment and investor positioning, thanks to the govern
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 surged this morning, with mainland real estate stocks rising collectively. Several local governments' land collection platforms claimed to accelerate the collection of commodity housing. Private real estate companies may also be included
Mainland real estate stocks rose collectively in early trading, as of press time, Agile Group (03383) rose 5.56% to HKD 0.57; CIFI Holdings Group Co Ltd (00884) rose 4.22% to HKD 0.37; Sino-Ocean Group Holding Limited (03377) rose 4.17% to HKD 0.5; Shimao Group Holdings Limited (00813) rose 3.9% to HKD 0.8.
Agile Group has appointed financial advisors and legal advisors.
Agile Group (03383) announced that the company has appointed ARM Capital Advisors Limited as its financial advisor and SD Law Firm as its legal advisor to facilitate transparent dialogue between the company and its overseas creditors. The company and its advisors will work together to explore all feasible options and prepare an overall solution for the current overseas debt situation in order to ensure the sustainable operation of the group and protect the interests of all its stakeholders.
Agile Group (03383.HK) has appointed Anmai Financing as its financial advisor.
On June 7th, Agile Group (03383.HK) announced that the company has appointed Anmai Financing Consultant Co., Ltd. as its financial advisor and Shengde Law Firm as its legal advisor to promote transparent dialogue between the company and its overseas creditors. The company and its consultants will work together to explore all feasible solutions to prepare for the overall solution to the current overseas debt situation, in order to ensure the sustainable operation of the group and safeguard the interests of all shareholders.
Agile Group Logs 1.65 Billion Yuan in May Pre-Sale Value
Agile Group Holdings (HKG:3383) recorded a pre-sale value of around 1.65 billion yuan in May, with a corresponding gross floor area (GFA) of 120,000 square meters, according to a Tuesday filing on the
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.
Agile Group (03383.HK) had a total pre-sale amount of 1.65 billion yuan in May.
On June 4th, Gelonhui announced that Agile Group (03383.HK) and its subsidiaries, together with the group's joint venture and affiliated companies, and real estate projects sold under the "Agile" brand ("Agile projects"), had a pre-sale amount of RMB 1.65 billion in May 2024, corresponding to a building area of 120,000 square meters, with an average price of RMB 13,793 per square meter. As of May 31, 2024, the group, together with its joint venture and affiliated companies and Agile projects, had a total pre-sale amount of RMB 8.2 billion.
Express News | Agile Group - May Aggregated Pre-Sale Value RMB1.65 Bln
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.
The Ministry of Housing and Urban-Rural Development announced that 16,800 old urban communities across the country have been renovated and reconstructed from January to April.
In 2024, the country plans to start the renovation of 54,000 old urban communities.
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.
Agile Group Holdings Limited's (HKG:3383) Last Week's 25% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Key Insights The considerable ownership by private companies in Agile Group Holdings indicates that they collectively have a greater say in management and business strategy The top 2 shareholders ow
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).
Domestic housing stocks rose across the board, and Shimao Group (00813) rose 6.67%. Institutions say the current period may be a rare window for further adjustments to real estate sales side policies
Jinwu Financial News | Domestic housing stocks rose across the board. As of press release, Shimao Group (00813) rose 6.67%, China Overseas Hongyang Group (00081) rose 6.07%, Xuhui Holding Group (00884) rose more than 5%, and Agile Group (03383) and Vanke Enterprise (02202) all rose more than 3%. According to the news, the China Merchants Macro Research Report said that currently it may be a rare window period for further adjustments to real estate sales side policies. In a situation where supply is relatively stable, marginal improvement on the demand side can be driven by removing inventory. The acquisition of assets by general government departments can effectively change the real estate market
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.
Ti Cold Building Second Facility For Agile Cold Storage
PEARL RIVER, La., May 20, 2024 /PRNewswire/ -- Ti Cold and Agile will not stop! Their second build together is on its way! Located in Pearl River, LA, a new, one-of-a-kind, cold storage facility is b
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
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