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Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
Hong Kong stock concept tracking | Over 80 cities support state-owned enterprises and others to acquire existing houses, institutions are bullish on investment opportunities related to the "good housing" industry (concept stocks attached)
As of now, more than 80 cities have announced their support for state-owned platform enterprises to acquire commodity housing for the purpose of affordable housing, resettlement housing, talent housing, and turnover housing.
Hong Kong stock market turmoil | Jingcheng Jiaye (02210) plummeted nearly 28%, with shareholders' attributable profit in the first half of the year at 45.293 million yuan, a decrease of over 20% compared to the same period last year.
Jingcheng Jiaye (02210) plummeted nearly 28%, as of the time of writing, down 27.90%, at HKD 3.36, with a turnover of HKD 1.2901 million.
The total revenue of Beijing Jia Ye (02210.HK) for the first half of the year is approximately 0.889 billion yuan, with a slight year-on-year increase.
Greatchina announced on August 22 that as of June 30, 2024, the total revenue of the group was approximately RMB 0.889 billion, a slight increase year-on-year. The group's profit for the period was approximately RMB 47 million, a year-on-year decrease of about 23.7%. Earnings per share were RMB 0.31. As of June 30, 2024, the group's managed project area was approximately 43.5 million square meters, of which the area managed by Beijing Urban Construction Group and its joint ventures or associated companies was approximately 22.7 million square meters, and the area managed by third parties was approximately 20.8 million square meters.
BEIJING JIAYE: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Viewpoint index: Multiple property companies expect a decline in mid-term profits, and the market is bullish on state-owned asset management companies.
The Opinion Index published the Property Service Development Report for August 2024.
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