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KINGFARPROPERTY: INTERIM REPORT 2024
After plummeting after the IPO, surged five times before giving back, will Emperor Fund Property (01354) see a price downturn before the cornerstone lock-up period ends?
There may be more speculative capital participating in the speculation before and after the unlocking of the shares held by the two major cornerstone investors, at which time the volatility of the stock may further increase...
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.
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