Citi: Maintains the "Buy" rating for C&D INTL GROUP (01908) and raises the Target Price to HKD 19.7.
The bank is bullish on C&D INTL GROUP (01908) smoothly transitioning management teams, and last year significantly increasing land reserves, believing this will help to continuously boost market share.
We Think C&D International Investment Group (HKG:1908) Is Taking Some Risk With Its Debt
[Brokerage Focus] Sinolink maintains a "Buy" rating on C&D INTL GROUP (01908), citing that its sales remain among the top in the Industry, with significant results from efforts in Hangzhou.
Jinwu Financial News | Sinolink released a Research Report indicating that C&D INTL GROUP's performance in 2024 is under short-term pressure due to adjustments in the Industry, but the core Indicators remain at the forefront of the Industry, with the Global Strategy focusing on key cities like Hangzhou showing significant results. The company achieved revenue of 142.99 billion yuan for the year, a year-on-year increase of 6.4%; the Net income attributable to the parent company was 4.8 billion yuan, a slight decrease of 4.6% year-on-year, primarily due to inventory impairment provisions and increased income tax. Sales rankings improved, and market share in Hangzhou continued to expand, with the company's total sales in 2024 reaching 133.5 billion yuan, a year-on-year decrease of 29% (the overall decline of the top 100 real estate enterprises).
Express News | C&D International Investment - Payment of a Final Dividend of HK$1.2 per Share
Express News | C&D International Investment Group FY Gross Profit RMB 18,972.44 Million
Express News | C&D International Investment Group FY Revenue RMB 142,990 Million
Express News | C&D International Investment Group FY Net Debt RMB 32,581.09 Million
C&D INTL GROUP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
Express News | C&D International Investment - Lin Weiguo Been Appointed as Chairperson
Express News | C&D International Investment - Tian Meitan Appointed as CEO
Last week, the year-on-year growth rate of new home sales volume continued to decline, Mainland Real Estate stocks fell broadly, and SUNAC (01918) dropped 4.92%.
Jinwu Financial News | Mainland Real Estate stocks fell broadly, SUNAC (01918) dropped 4.92%, SEAZEN (01030) fell 3.86%, RADIANCE HLDGS (09993) decreased by 3.11%, CHINA JINMAO (00817) went down by 3.01%, YUEXIU PROPERTY (00123) declined by 2.56%, R&F PROPERTIES (02777) fell by 2.38%, GREENTOWN CHINA (03900) decreased by 2.27%, ZHONGLIANG HLDG (02772) fell by 2.04%, SINO-OCEAN GP (03377) dropped 1.96%, and C&D INTL GROUP (01908) fell by 1.91%. Zhongtai International expressed.
C&D INTL GROUP (01908.HK) plans to hold a Board of Directors meeting on March 26 to approve the annual performance.
On March 14, Gelonghui reported that C&D INTL GROUP (01908.HK) announced that the Board of Directors will hold a meeting on Wednesday, March 26, 2025, to consider and approve the annual performance of the company and its subsidiaries for the year ended December 31, 2024, along with any proposed final dividend and to address Other matters.
C&D INTL GROUP: DATE OF BOARD MEETING
UBS Group: It is expected that national prices of domestic properties will stabilize early next year, with a preference for regional state-owned real estate companies.
The bank expects that nationwide property prices will stabilize in early next year, raising the sales forecast for new properties this year and next by 7% to 16%, while the forecast for existing property sales is raised by 7% to 10%.
C&D International Investment Group Limited's (HKG:1908) Shares Bounce 25% But Its Business Still Trails The Market
Mainland Real Estate stocks are performing well. SEAZEN (01030) rose by 4.35%. The government work report proposed advancing the acquisition of existing Commodities.
Jinwu Financial News | Mainland Real Estate performs well, SEAZEN (01030) rises 4.35%, COUNTRY GARDEN (02007) rises 2.00%, GREENTOWN CHINA (03900) rises 2.19%, C&D INTL GROUP (01908) rises 1.17%, SHIMAO GROUP (00813) rises 0.85%, RADIANCE HLDGS (09993) rises 0.74%, CHINA VANKE (02202) rises 0.64%, LONGFOR GROUP (00960) rises 0.55%. The government work report pointed out that policies will be adjusted to reduce restrictive measures, strengthening the implementation of urban village and dilapidated house renovations, fully releasing demand.
CITIC: The domestic Real Estate has the potential to move upward this year, Bullish on CHINA RES LAND (01109) and others.
The bank believes that the industry may have opened the path towards capacity restoration, and in principle, some proactive arrangements can be made for real estate stocks, maintaining the profit forecast and Target Price for the covered symbols unchanged.
Estimating The Intrinsic Value Of C&D International Investment Group Limited (HKG:1908)
Public Companies Among C&D International Investment Group Limited's (HKG:1908) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 3.6% Last Week
C&D INTL GROUP (01908.HK) has signed a new cooperation agreement regarding the land in Putian.
On January 27, Gelonghui reported that C&D INTL GROUP (01908.HK) announced that the parties to the cooperation agreement agreed to introduce Putian Xinhua and Tianjin Shanghao to jointly develop the land, and transfer the rights and responsibilities of Xiamen Zhaochengyao under the cooperation agreement to Putian Zhaochengfeng. Therefore, on January 27, 2025, the parties will sign a new cooperation agreement for the development and construction of residential and/or commercial projects on the land through the joint venture Putian Lian Zhaofeng Real Estate Co., Ltd. Accordingly, Putian Zhaochengfeng (a subsidiary of the company), Putian Lian Xintai, Putian Xinhua, Tianjin Shanghao, and Putian Zhuyuan will respectively own shares in the joint venture.