Yuexiu Property's Controlling Shareholder Holds 44% Shares, Satisfies Conditions for Revolving Loan of Subsidiary
Yuexiu Property (00123.HK) subsidiary obtained a $0.5 billion Hong Kong dollar revolving loan financing from banks.
On November 7th, Gelonghui reported that Yuexiu Property (00123.HK) issued an announcement on November 7, 2024. Hong King Holdings Limited ("Hong Jing") (as the borrower) entered into a financing agreement with a banks on the terms and conditions of the financing agreement, whereby the lender provided a revolving loan financing of 0.5 billion Hong Kong dollars, with a loan term of 3 years from the date of the financing agreement. Hong Jing is a wholly-owned subsidiary of the company, and the company guarantees the obligations under the financing agreement.
Express News | Yuexiu Property - Revolving Loan Facility of HK$500 Mln Will Be Made Available by Bank
Yuexiu Property Acquires Land Parcel in Beijing for 6.38 Billion Yuan
Yuexiu Property (00123) successfully won the bidding for the Gongdesi site in Haidian District, Peking with 6.3825 billion yuan.
Yuexiu Property (00123) announced that on November 5, 2024, it will indirectly invest through Wuhan Kangjing Industrial Investment Co., Ltd...
Express News | Yuexiu Property - Bid Consideration of RMB6.38 Bln
Ke Rui: In October, the performance of the top 100 real estate companies increased year-on-year for the first time this year, while investment remains cautious.
In October, corporate investment still remains cautious, with less than 20% of the top 100 companies in terms of land acquisition recording new land reserves in a single month. Key monitoring companies' investment expansion failed to continue the trend of stabilizing after the decline in September.
China Real Estate Research Institute: The total amount of bonds financing for national real estate companies in October was 28.97 billion yuan, with a slight year-on-year increase for two consecutive months.
In October 2024, the total amount of real estate corporate bonds financing was 28.97 billion yuan, a year-on-year growth of 3.2%, with two consecutive months of positive growth due to the low base effect of the previous year, decreasing by 32.4% month-on-month.
Selected announcement | Yum China's net income in the third quarter increased by 22% year-on-year; Yuexiu Property's sales in October increased by about 47%.
Ronshinechina: Sales in October were 0.659 billion yuan, a decrease of 61.12% year-on-year; Agile Group: Contract sales in October were 1.39 billion yuan, a decrease of about 60% year-on-year.
Grail Announcements Selection (Hong Kong Stock) | Yum China (09987.HK) achieved an 18% growth in core operating profit in the third quarter and has achieved continuous growth in same-store trade volume for seven consecutive quarters.
【Today's Focus】Yum China (09987.HK) reported an 18% growth in core operating profit for the third quarter, achieving seven consecutive quarters of same-store trade volume growth. In the third quarter of 2024, Yum China (09987.HK) announced that total revenue increased by 5% to 3.07 billion US dollars year-on-year, marking the highest quarter in history (or 4% growth, excluding the impact of foreign exchange rates). Delivery sales increased by 18% year-on-year, maintaining Yum China's consistent annual double-digit growth over the past decade. Delivery sales account for about 40% of KFC and Pizza Hut's restaurant revenue. Same-store sales reached 97% of the level during the same period last year, compared to the previous
Hong Kong stock announcement: Dida Travel subsidiary intends to subscribe for 1.544 billion shares of uxin (UXIN.US) Class A common stock.
Yum China (09987) achieved a net income of 0.297 billion US dollars in the third quarter, a year-on-year growth of 22%, achieving a continuous growth in same-store sales volume for seven consecutive quarters...
yuexiu property (00123.HK) October contract sales amounted to approximately 13.361 billion yuan, a year-on-year increase of about 46.8%.
On November 4, GeLongHui reported that Yuexiu Property (00123.HK) announced that in October 2024, the company achieved contract sales (including contract sales of joint ventures and associates' projects) amounting to approximately RMB 13.361 billion, a year-on-year increase of approximately 46.8%, with a contract sales area of approximately 0.4699 million square meters, a year-on-year increase of approximately 37.5%. From January to October 2024, the company's accumulated contract sales (including contract sales of joint ventures and associates' projects) amount to approximately RMB 91.003 billion, with an accumulated contract sales area of approximately 3.098 million square meters.
Express News | Yuexiu Property - October Contracted Sales RMB13,361 Mln
China's Property Market Likely to Continue Near-Term Recovery -- Market Talk
Yuexiu Property (00123): The repurchase amount of "21 Ho Jian 05" is 0.193 billion yuan
Yuexiu Property (00123) has announced that, based on the Guangzhou Urban Construction Development Co., Ltd.'s 2021 professional-oriented recruitment plan...
Market Chatter: China Sees Slightly Faster Home Price Growth in October
The sales of the top 100 real estate companies in Silver October have turned the corner, with over 80% performance growth compared to the previous month.
①Affected by favorable policies and real estate developers' promotions, the sales of the top 100 real estate companies in October achieved a year-over-year positive growth for the first time this year. ②Among them, 83 real estate companies saw a month-on-month sales increase, with 33 more compared to September; 38 real estate companies experienced a year-on-year sales growth, with 22 more than in September.
Hong Kong stocks are on the move | Mainland real estate stocks collectively opened high, with sales of the top 100 real estate companies in October increasing by over 70% month-on-month. The policy combination continues to exert force.
Mainland real estate stocks opened high collectively. As of the time of publication, China Jinmao (00817) rose by 2.48% to HKD 1.24; Longfor Group (00960) rose by 2.06% to HKD 12.88; China res land (01109) rose by 1.93% to HKD 26.35; Midea real est (03990) rose by 3.61% to HKD 3.44.
Zhongzhi Research Institute: The year-on-year decline in the total amount of land acquisition by the TOP100 real estate companies has slightly widened. State-owned enterprises and local state-owned assets remain the block orders.
Overall, in 2024, the national land market still shows a trend of shrinking volume, with real estate companies remaining cautious in land acquisition. Top companies have a low land acquisition to sales ratio, with the average land acquisition to sales ratio of the top 20 companies being less than 20%.
Rules for the normalization of existing house loan interest rates have arrived! Understand it in one article.
①Preliminary statistics show that as of October 28, 21 nationwide banks have completed batch adjustments, totaling 53.667 million transactions, reducing the outstanding housing loan interest rates by 25.2 trillion yuan. ②After this round of batch adjustments, the interest rates for existing housing loans have been reduced to 3.3%. If the gap between existing and new housing loan rates is greater than 30 basis points, it will drive a new round of reductions in existing housing loan rates.
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