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Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
CICC: Maintains an "outperform" rating on Everbright Securities (01995), with the target price raised to HKD 2.2.
CICC predicts that the company's net income attributable to its parent will increase by 11% and 10% year-on-year in 2024 and 2025, respectively.
Ever Sunshine Services Group Up 19%, Insider Buyers Are Up 34%
Hong Kong stocks fluctuate | Property management stocks rise in early trading, some property management companies show resilience, HSBC said industry valuation has roughly reflected provisions and growth expectations.
Property management stocks rose across the board in the morning trading session. As of the time of publication, xinyuan pm (01895) rose by 21.28% to 0.57 Hong Kong dollars; eternal vigilance services (01995) rose by 11.04% to 1.71 Hong Kong dollars; china res mixc (01209) rose by 5.04% to 25 Hong Kong dollars; cg services (06098) rose by 3.62% to 4.29 Hong Kong dollars; wanwu cloud (02602) rose by 3.32% to 16.8 Hong Kong dollars.
HK stocks surged: Yongsheng Service (01995) soared more than 16% in midday trading, with a 10.24% year-on-year increase in net profit in the first half, and a total interim and special dividend of 11.75 Hong Kong cents.
Sun Hung Kai Services (01995) rose more than 16% during trading, as of the time of writing, it is up 12.99% at HKD 1.74, with a turnover of HKD 16.4438 million.
Yongsheng Services (01995) will distribute a special dividend of HKD 0.0336 per share on September 24.
Wing Shing Service (01995) announced that it will distribute dividends for the period ending on June 30, 2024 on September 24, 2024...
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