03913 KWG LIVING
- 0.365
- +0.020+5.80%
KWG LIVING News
Hong Kong stock concept tracking | Peking, Shenzhen real estate market volume hits new high, real estate sector policy effects may gradually emerge (with concept stocks)
Data from the China Real Estate Research Institute shows that as of the 26th of October, the number of second-hand residential housing transactions in Beijing has reached 12,979 units. It is expected that the total number of transactions in October will exceed 0.016 million units, reaching a new high in 19 months; the actual transaction volume is expected to reach 0.025 million units, the highest in the same period in 8 years.
HK stock anomaly | Property management stocks rise with mainland real estate stocks, the State Council Information Office will hold a real estate-related press conference, institutions say property management risk indicators are gradually being cleared.
Mainland real estate stocks rose with mainland real estate stocks, as of the deadline, kwg living (03913) rose 7.5% to 0.43 Hong Kong dollars; everg services (06666) rose 6.02% to 0.88 Hong Kong dollars; cg services (06098) rose 6.57% to 6 Hong Kong dollars; a-living (03319) rose 5.68% to 3.35 Hong Kong dollars.
Hong Kong stock market concept tracking | Existing home loan interest rate cut imminent, real estate sector accelerates stabilization and valuation repair (with concept stocks)
Industry insiders predict that the specific plan for lowering the interest rates on existing housing loans is unlikely to be introduced before the "National Day" holiday.
KWG Living Group Holdings' (HKG:3913) Earnings Seem To Be Promising
Opinion index: The growth of listed physical enterprises has slowed down, and IFM prices have started to "intensify" internally.
The interim report disclosed by listed companies at the end of August shows a continuous slowdown in the industry's scale and revenue growth, making profits more difficult and financial risk control pressure increasing.
Property management stocks collectively rise, kwg living (03913) rises by 3.77%. Institutions indicate that the risk factors of property management are gradually being eliminated.
金吾财讯 | Property management stocks are on the rise, with kwg living (03913) up 3.77%, everg services (06666) up 2.99%, binjiang ser (03316) up 2.36%, yuexiu services (06626) up 2.22%, jinmao ser (00816) up 2.08%, and wanwu cloud (02602) up 1.93%. On the news front, CCB International stated that the stock price of Chinese property management companies has been at a low level since the release of their performance, reflecting the market's belief that overall performance is mediocre and industry prospects are uncertain. However, the bank believes that the profit growth rate of property management companies is increasing.
KWG LIVING: 2024 Interim Report
Property management stocks initially fell, CG Services (06098) fell 6.09%. Daiwa Securities reduced the target price for multiple property management stocks.
Kinwo Finance | Property management stocks fell in early trading, as of the time of writing, A-living (03319) fell 8.82%, Cg services (06098) fell 6.09%, Excellence cm (06989) fell 4.59%, Wanwu Cloud (02602) fell 3.79%, and Kwg Living (03913) fell 3.64%. In terms of news, Morgan Stanley's research report pointed out that the performance of property management stocks in the first half of the year was relatively weak, but the profits of leading companies showed resilience after improving operational efficiency. The key in the second half of the year will be cash flow and operating efficiency. At the same time, competition from third parties will intensify, and the outlook is bullish.
Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
Express News | Kwg Living - Resolved Not to Declare Any Interim Dividend
Express News | Kwg Living - Wang Jianhui Has Tendered His Resignation as Chief Executive Officer
Express News | Kwg Living Group Holdings H1 Gross Margin 29.3%
Express News | Kwg Living Group Holdings H1 Gross Profit RMB 564 Million
Express News | Kwg Living Group Holdings H1 Revenue RMB 1,923.4 Million
KWG LIVING: Announcement of Unaudited Interim Results for the six months ended 30 June 2024 and (2) Change of Chief Executive Officer
Hong Kong stock concept tracking | Over 80 cities support state-owned enterprises and others to acquire existing houses, institutions are bullish on investment opportunities related to the "good housing" industry (concept stocks attached)
As of now, more than 80 cities have announced their support for state-owned platform enterprises to acquire commodity housing for the purpose of affordable housing, resettlement housing, talent housing, and turnover housing.
Viewpoint index: Multiple property companies expect a decline in mid-term profits, and the market is bullish on state-owned asset management companies.
The Opinion Index published the Property Service Development Report for August 2024.
Hong Kong stock concept tracking | Peking's second-hand housing signing volume in June and July has increased significantly, and institutions are bullish on high-quality real estate companies in core cities (including concept stocks).
Bullish real estate policies in Beijing, taking small steps towards gradual relaxation, have led to increased activity in the housing market trade.
KWG Living Group to Discuss Interim Results and Dividend
Kwg living (03913.HK) plans to hold a board of directors meeting on August 27 to approve interim performance.
Kwg living (03913.HK) announced on August 13th that it will hold a board of directors meeting on Tuesday, August 27th, 2024 to approve the company's and its subsidiaries' mid-term performance as of June 30th, 2024 and its release, as well as to consider the distribution of mid-term dividends.
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