03913 KWG LIVINGWatchlist
KWG LIVING News
Changes in Hong Kong stocks | Xuhui Yongsheng Services (01995) rose more than 18%, leading property management stocks, real estate credit risk mitigation, relief of property related party receivables payment security
Property management stocks followed domestic housing stocks higher in early trading. As of press release, Xuhui Yongsheng Services (01995) rose 17.89% to HK$1.45; Sunac Services (01516) rose 13.33% to HK$2.55; Hejing Youhuo (03913) rose 8% to HK$0.54; and Shimao Services (00873) rose 6.87% to HK$1.4.
Changes in Hong Kong stocks | Property management stocks fall with domestic housing stocks, short-term public opinion disrupts the market, and the real estate sector's negative feedback on property is nearing its end
Property management stocks declined with domestic housing stocks today. As of press release, Hejing Youhuo (03913) fell 7.27% to HK$0.51; Country Garden Services (06098) fell 6.58% to HK$7.24; Sunac Services (01516) fell 6.22% to HK$2.11; and Xinchengyue Services (01755) fell 5.22% to HK$3.81.
Changes in Hong Kong stocks | Domestic housing and property management stocks generally fell, domestic housing sales remained sluggish, and the development of related housing enterprises still had a significant impact on property enterprises
Internal housing and property management stocks generally declined. As of press release, Yuexiu Real Estate (00123) fell 3.46% to HK$7.81; Greentown China (03900) fell 2.27% to HK$7.76; and Evergrande Property (06666) fell 3.45% to HK$0.56.
Citigroup lowered target prices for shares such as China Merchants Commercial Real Estate (01503) and Hop Seng Innovation Group (00754)
According to a research report published by Citi, in the overall challenging internal housing market, it has adjusted the target prices of various domestic housing and property management companies such as China Merchants Commercial Real Estate (01503) and Hop Seng Innovation Group (00754).
KWG LIVING: 2023 Interim Report
Changes in Hong Kong stocks | Property management stocks pick up in early trading, negative real estate feedback comes to an end, and the market refocuses on company operations and cash flow performance
Property management stocks picked up in early trading. As of press release, Hejing Youhuo (03913) rose 6.06% to HK$0.7; Times Neighborhood (09928) rose 6.06% to HK$0.7; World Trade Services (00873) rose 5.06% to HK$1.66; and Ya Life Services (03319) rose 3.34% to HK$5.26.
Changes in Hong Kong stocks | Hejing Youhuo (03913) fell more than 5%, mid-term profit fell 80.1% year-on-year to $62.57 million
Hejing Youhuo (03913) fell more than 5%. As of press release, it fell 5.75% to HK$0.82, with a turnover of HK$11.3953 million.
CITIC Securities: Profitability of property service companies bottomed out and rebounded, recommending leading blue-chip companies and small and medium-sized high-dividend companies
CITIC Securities released a research report saying that in mid-2023, the weighted gross profit margin of the sample company was 16.5%, an increase of 0.28 ppts over the same period last year, and remained highly stable. The semi-annual report once again proves that the profitability of property service companies has not declined over time.
Hejing Youhuo (03913) released interim results. Profit attributable to shareholders was 62.57 million yuan, a year-on-year decrease of 80.1%
Hejing Youhuo (03913) announced its results for the six months ended June 30, 2023, with revenue of 1,888 billion yuan...
KWG LIVING: (1) Announcement of Unaudited Interim Results for the six months ended 30 June 2023; and (2) Change of Company Secretary and Authorised Representative
Changes in Hong Kong stocks | Domestic housing and property management stocks boosted high, new housing sales increased month-on-month, and many places introduced policies to support real estate
Domestic housing stocks and property management stocks rose higher. As of press release, Ya Life Services (03319) rose 6.45% to HK$4.29; Hejing Youhuo (03913) rose 5% to HK$0.84; Xincheng Development (01030) rose 4.8% to HK$1.31.
Hong Kong stocks closed (08.17) | The Hang Seng Index closed down 0.01%, auto stocks collectively picked up, Xiaopeng Motor-W (09868) rose more than 4%
Hong Kong's Hang Seng Index opened down 1.67%. After opening low in early trading, the Hang Seng Index once fell below the 18,000 mark, hitting a new low of 17,900 points since November last year. The decline then narrowed to 18,000 points; the Hang Seng Index pulled up and turned upward in the afternoon, and closed down slightly at the end of the session.
Hejing Youhuo (03913.HK) plans to hold a board meeting on August 29 to approve interim results
GLONGHUI August 15丨Hejing Youhuo (03913.HK) announced that the company will hold a board meeting on August 29, 2023 (Tuesday) to approve (among others) the company and its subsidiaries's interim results and announcements for the six months ended June 30, 2023, and consider the payment of interim dividends.
KWG LIVING: DATE OF BOARD MEETING
Zhitong Hong Kong Stock Dissolution | “Black Swans” Hit Hong Kong Stocks Withdrawal and Post-Disaster Reconstruction Is Unearthed
[Anatomy of the Market] Under the impact of the “black swan” incident, Hong Kong stocks were unable to hold back today and adjusted weakly throughout the day. The Hang Seng Index was directly hit by bears to the 10-day EMA, a decline of 2.47%. It is difficult to predict this kind of sudden outbreak. On August 1, local time in the US, global rating giant Fitch suddenly announced that it would downgrade America's long-term foreign currency debt rating from AAA to AA+. This is the first time Fitch has downgraded the country's rating since it first released its US credit rating in 1994. Currently, out of the top three international rating agencies, only Moody's still maintains an AAA rating for the US. This is number one in the US after S&P downgraded the US rating in August 2011
Changes in Hong Kong stocks | Country Garden Services (06098) once rose more than 20%, leading property management agencies say property stocks are expected to experience a double hit in valuation+performance
The Zhitong Finance App learned that most of the property management stocks had risen. As of press release, Country Garden Services (06098) rose 14.64% to HK$9.63; Shimao Services (00873) rose 5.33% to HK$1.78; Hejing Youhuo (03913) rose 4.26% to HK$0.98; New Hope Service (03658) rose 3.39% to HK$1.22; Baolong Commercial (09909) rose 3.18% to HK$4.22. Dongwu Securities pointed out that the implementation of the policy and the subsequent restoration of fundamentals will drive a continuous recovery in real estate stock valuations. At the same time, due to the impact of the epidemic, the zone
Property management stocks strengthened collectively, with Country Garden services rising more than 6%, leading the way. Institutions pointed out that commodity buybacks boosted market confidence
According to the news, Shengang Securities pointed out that the buybacks of property companies and the increase in holdings by executives not only send a signal to the market that property valuations are still low, but are also conducive to boosting market confidence.
Hejing Youhuo: Annual Results Announcement for the Year Ended December 31, 2022
KWG Living to See 15% Profit Drop in 2022
05:08 AM EDT, 03/29/2023 (MT Newswires) -- KWG Living Group Holdings (HKG:3913) expects to see its core net profit fall by at least 15% to not more than 580 million yuan in 2022 from 697.5 million yua
Express News | KWG Living Group: 2022 Net to Fall Living Room