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Housing retirement funds have stirred up a thousand waves, with a total of over a trillion yuan accumulated for residential special maintenance funds over 20 years. Banks say the overall utilization rate of special funds is not high.
①The focus of the pilot is for the government to establish public accounts, which do not require lbx pharmacy chain joint stock to contribute money; ②Several institutions have indicated that they have not yet received information regarding the reform of the housing retirement pension system and maintenance fund; ③In the past 20 years, when new houses were delivered, they were required to pay a maintenance fund. Each house has a special account in the banks, and the funds are rolled over based on current deposits, usually initiated by the owners.
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.
Soho China (00410.HK): Net loss attributable to shareholders of the parent company in the medium term is 0.108 billion yuan.
On August 22, Grohe reported the interim results for the 2024 fiscal year, with weak macroeconomic conditions affecting the commercial property rental market, resulting in an operating income of approximately RMB 0.799 billion for the period. The gross margin for the leasing business remained stable at around 82% during this period. As of June 30, 2024, the group's average rental rate for investment properties remained stable at around 76%. During this period, the net income attributable to the parent company's shareholders from operating activities (excluding changes in the valuation of investment properties and one-time taxes) was approximately RMB 0.104 billion. During this period, the net income attributable to the shareholders of the parent company
Express News | Soho China H1 Gross Profit RMB 648.4 Million
Express News | Soho China H1 Net Income Attributable RMB -107.5 Million
Express News | Soho China H1 Revenue RMB 799 Million
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