01354 KINGFARPROPERTY
- 21.600
- +1.300+6.40%
KINGFARPROPERTY News
Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
The mid-term profit of Jingfa Property (01354.HK) is approximately 31 million yuan, a year-on-year increase of 22.95%.
Gelonghui, August 26th | Jingfa Property (01354.HK) announced that as of June 30, 2024, the group's total revenue was approximately 463.33 million yuan, an increase of about 18.57% from the approximately 390.76 million yuan in the same period of 2023. The group's gross margin is approximately 69.65 million yuan, an increase of 25.00% from the approximately 55.71 million yuan in the same period of 2023. The gross margin is 15.03%, an increase of 0.77% compared to 14.26% in the same period of 2023. The group's profit is approximately 31.0 million yuan.
KINGFARPROPERTY: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Evergrande Property (01354.HK): Liang Ruibing was appointed as Joint Company Secretary and Authorised Representative.
On August 26, Gelonhui announced that Feng Baoting has resigned as (i) joint company secretary of the company; (ii) authorized representative of the company as required by Rule 3.05 of the Listing Rules of the Hong Kong Stock Exchange; and (iii) authorized representative of the company to accept service of legal process and notices in Hong Kong as required by Section 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong), effective from August 26, 2024. Leung Ray Bing has been appointed as joint company secretary, authorized representative, and agent for service of legal process to replace Feng, effective from August 2, 2024.
Evergrande Property Services Group Limited (01354.HK) plans to hold a board of directors meeting on August 26 to approve the interim performance.
On August 14th, GeLongHui announced that EF Properties (01354.HK) will hold a board of directors meeting on Monday, August 26th, 2024 to consider and approve the company's mid-year performance for the six months ending June 30, 2024, as well as other matters.
KINGFARPROPERTY: NOTICE OF BOARD MEETING
Evergrande Property (01354): The stable price period has ended, and there has been no action on stable prices or invalidation of excess rights issue.
Jinfan Property (01354) released an announcement that the global stable price period for sale has ended on July 27, 2024 (...
Hong Kong stocks anomalous | Evergrande Property Services Group (01354) rose more than 10% in the afternoon, and the stock price reached a new high since listing, rising more than 50% compared to its initial public offering price.
In the afternoon, Jingfa Property (01354) rose by more than 10%, reaching a high of HKD 11.8, a new high since listing, up more than 57% from the offering price of HKD 7.5. As of press time, it rose by 7.28%, to HKD 11.5, with a turnover of HKD 1.926 million.
Hong Kong stock market abnormal changes | The day after the listing of Jingfa Property (01354) fell more than 17% again, with a total decline of nearly 30% and gross margin trending downward in recent years.
On the second day of listing, Jingfa Property (01354) fell by more than 17%, which is nearly 30% lower than the IPO price of HKD 7.5. As of press time, it fell by 17.32%, at HKD 5.49 with a turnover of HKD 3.5083 million.
Xian Kingfar Property Services Shares Drop 14% on Hong Kong Debut
The Hong Kong IPO offering price of Jingfa Property (01354.HK) is set at HKD 7.50 per share, with a net raise of HKD 90.47 million.
According to the announcement of Jingfa Property (01354.HK) on July 2nd, the company globally sold 16.6668 million H shares, with a net amount of HKD 90.47 million, at HKD 7.50 per share. The number of shares publicly offered in Hong Kong accounts for 18.01% of the global offering, with a subscription rate of 118.87 times. The number of shares offered internationally accounts for 81.99% of the global offering, with a subscription rate of 0.98 times. Assuming the global offering is unconditional on the morning of Wednesday, July 3, 2024 at 8:00 am, it is expected that H shares will be listed on the Hong Kong Stock Exchange at 9:00 am on the same day.
Jingfa Properties (01354) received 118.87 times of subscription for its public offering with a restricted price.
Jingfa Property (01354) announced the results of its distribution, with 16,666,680 shares sold globally and publicly in Hong Kong.
New stock dark market | Jinfawuyi (01354) rose by 13.33% in the initial dark market, earning HKD 300 per hand.
Jingfa Property (01354) will be listed in Hong Kong on July 3 (Wednesday).
Jinfar Real Estate (01354) will start its IPO today with an entrance fee of HKD 2818.14.
Golden Finance News | Jingfa Property (01354) is now open for public offering, with 16.6668 million H shares to be issued, 10% of which will be publicly sold in Hong Kong and the rest will be internationally placed. The subscription price per share ranges from HKD 7.5 to HKD 9.3, with an entrance fee of HKD 2,818.14 for every 300 shares. The shares are expected to be listed on July 3. Guoyin International is the exclusive sponsor. The company is a state-owned comprehensive urban service and property management service provider in Shaanxi Province, with business operations covering Northwestern China. The company plans to use approximately 53.8% of the net proceeds for selective acquisition of other property management companies and 20.6% for purchasing cleaning products.
On June 24th to June 27th, Jingfa Property plans to sell 16,666,680 H shares globally.
Jingfa Property (01354) will launch its IPO from June 24th, 2024 to June 27th, 2024. The company plans to globally sell 16,666,800 H shares, of which the Hong Kong sale accounts for 10% and the international sale accounts for 90%. The sale price per share is HKD 7.5-9.3, and the lot size is 300 shares. It is expected that H shares will begin trading on the Hong Kong Stock Exchange at 9:00 am on July 3, 2024.
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