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.
Lu Shang Fu Wu (02376) released its interim performance with a net income of 21.6667 million yuan attributable to the shareholders, an increase of 2.11% year-on-year after adjusting the data.
Lu Commercial Services (02376) released its interim performance for the six months ended June 30, 2024, during which the Group achieved...
Express News | Lushang Life Service H1 Net Income RMB 21.9 Million
Express News | Lushang Life Service H1 Gross Margin 19.6%
Express News | Lushang Life Service H1 Revenue RMB 308.6 Million
Express News | Lushang Life Service H1 Gross Profit RMB 60.5 Million
LUSHANGSERVICES: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED JUNE 30, 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.
Hong Kong stock concept tracking | Peking's second-hand housing signing volume in June and July has increased significantly, and institutions are bullish on high-quality real estate companies in core cities (including concept stocks).
Bullish real estate policies in Beijing, taking small steps towards gradual relaxation, have led to increased activity in the housing market trade.
LuShang Services (02376.HK) will hold a Board of Directors meeting on August 23 to approve its mid-year performance.
On August 13th, Geelong announced that Lu Commerce Services (02376.HK) will hold a board of directors meeting on August 23, 2024. At the meeting, the board will approve the company and its subsidiaries' mid-year performance until June 30, 2024, and consider the distribution of interim dividends (if any).
Zhongzhi Property Research: In July, the TOP 50 property service enterprises added a total contracted area of about 96.16 million square meters.
Top 50 Chinese property service companies with newly added contract area in July 2024.
Lucommerce Service (02376.HK) has appointed ShineWing Zhonghua Certified Public Accountants as the company's new auditor.
On June 3rd, Gelunhui announced that Lushang Service (02376.HK) has completed its internal audit procedures and appointed Xinyong Zhonghe as the company's new auditor to fill the temporary vacancy after Dahua resigned. The term will begin on June 3, 2024 and end at the end of the annual shareholders' meeting held by the company on June 28, 2024.
Lu Shang Service (02376): Xinyong Zhonghe is appointed as the new auditor.
Lu Merchants Service (02376) announced that ShineWing has completed its internal auditing procedures and has been appointed as the company's new auditor...
Lu Shang Service (02376.HK) appoints Nakanaga Zhonghe as new auditor
Gelonghui, May 28, 丨 Lushang Service (02376.HK) announced that Dahua has resigned as the company's auditor with effect from May 28, 2024. The board of directors decided to appoint Shinyong Chung-ho as the company's new auditor to fill the temporary vacancy after Dahua's resignation and serve until the end of the recent Annual General Meeting of Shareholders (expected to be held on or before June 30, 2024).
Trending Industry Today: EVERG SERVICES Leads Gains In Mainland Property Management Stocks
Lushang Life Services' (HKG:2376) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Lu Shang Service (02376.HK): Wang Zhongwu resigns as general manager of the company
Gelonghui, April 26, 丨 Lu Shang Service (02376.HK) announced that the board of directors received the resignation report of Mr. Wang Zhongwu, executive director, chairman and general manager of the company on April 26, 2024. Due to the work schedule, Mr. Wang will no longer be the general manager of the company, effective April 26, 2024. Following his resignation as general manager, Mr. Wang continued to serve as Executive Director of the Board, Chairman of the Board, Member of the Remuneration Committee, and Chairman of the Strategy and ESG Committee. Mr. Liu Jiapeng, the company's deputy general manager, will temporarily assume the role of general manager until the board of directors appoints a new general manager. The company will select and appoint a new general manager as soon as possible in accordance with legal procedures.
LUSHANGSERVICES: 2023 ANNUAL REPORT
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
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