No Data
J.P. Morgan: Expects that the profits of mainland developers will continue to decline, adjusting ratings and Target Prices of multiple property and property management stocks (table).
The bank has also upgraded CHINA JINMAO (00817) from "Shareholding" to "Shareholding", expecting the group to regain growth.
The historical issues troubling private Property Service companies are expected to have dissipated according to CITIC SEC.
Jinwu Finance | CITIC SEC believes that the historical issues troubling private Property Service companies have dissipated, and the dividends of these companies are generally very attractive, with Cash/ Money Market Assets providing a safety margin. Moreover, most private Property Service companies are experiencing continuous net Inflow of operating Cash, making high dividends completely sustainable. Unlike in the fall of 2024, the current catalysts for the Property Service Sector may not be improvements in credit in the real estate sector (though real estate credit is also stable), but rather the upcoming announcement of the 2024 annual report, which is expected to deliver sustainable high dividends and a vision for long-term stable development. We recommend leading private Property Service companies at this time.
CHINA RES MIXC (01209.HK) plans to hold a Board of Directors meeting on March 25 to approve the annual performance.
Gelonghui, March 13丨CHINA RES MIXC (01209.HK) announced that the company will hold a Board of Directors meeting on March 25, 2025 (Tuesday) to consider and approve the annual performance announcement and its release for the year ending December 31, 2024, and to consider whether to distribute dividends (if any).
CHINA RES MIXC: DATE OF BOARD MEETING
The 美联 house price Index fell by 0.13% week-on-week, continuing to create a new low of over 8 and a half years.
The latest "Morgan Stanley Confidence Index" reports 60.2 points, down 5.2% week-on-week, marking four consecutive weeks of decline. The financial budget announced a significant reduction of the property stamp duty for properties valued at 4 million HKD or below to 100 HKD, which is bullish for the atmosphere of the Hong Kong real estate market; however, several new developments have taken advantage of the situation to launch sales, and some eager sellers have lowered their prices, resulting in an increase in discounted listings and a decline in the confidence index.
Should You Be Adding China Resources Mixc Lifestyle Services (HKG:1209) To Your Watchlist Today?
102877280 : opposite OMG