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Market Update | Property management stocks have risen across the board, with JINMAO SERVICES up over 9%, and CG SERVICES up nearly 8%. Leading companies in the property management Industry are continuously expanding their scale, and the Industry concentra
Recently, CRIC released the TOP 50 property service companies in China for new contract area in January 2025. In January, the TOP 50 companies added approximately 78.08 million square meters of new contract area, with new third-party expansion totaling 71.46 million square meters, and the scale of leading companies continues to expand.
Is It Too Late To Consider Buying Onewo Inc. (HKG:2602)?
Hong Kong stocks are moving unusually | Property management stocks are rising alongside Mainland Real Estate stocks, leading property management companies are continuously expanding their scale, and the Industry is evolving towards Business collaboration
Property management stocks rose along with Mainland Real Estate stocks. As of the time of writing, Wanwu Cloud (02602) increased by 7.21%, trading at 23.05 Hong Kong dollars; EVERG SERVICES (06666) rose by 6.76%, trading at 0.79 Hong Kong dollars; CHINA OVS PPT (02669) increased by 6.12%, trading at 5.03 Hong Kong dollars; CHINA RES MIXC (01209) rose by 5.38%, trading at 31.35 Hong Kong dollars.
MSCI Global Small Cap Index adjustment: includes Yuan Ran Agriculture (09858), JF SMARTINVEST (09636) and excludes SOHO CHINA (00410) and others.
On February 12, MSCI announced the results of the February Index review, with adjustments taking effect after the market closes on February 28.
China Vanke Obtains 2.8 Billion Yuan Loan From Substantial Shareholder
CHINA VANKE has received a loan of not more than 2.8 billion yuan from Shenzhen Metro Group.
CHINA VANKE (02202) announced that on February 10, 2025 (after trading hours), the company entered into a loan agreement with its major shareholder, Shenzhen Metro Group. According to this agreement, Shenzhen Metro Group agrees to provide the company with a loan of no more than RMB 2.8 billion, and the company must provide collateral in the form of assets valued at no more than RMB 4 billion, with Shenzhen Metro Group as the beneficiary, as security for the loan agreement. On the same day (after trading hours), both parties further entered into an agreement regarding the company's holding of a total of 211,530,417 shares of Wanwu Cloud (based on the average market price of Wanwu Cloud shares over the past 30 trading days.
