02669 CHINA OVS PPT
- 5.000
- +0.160+3.31%
CHINA OVS PPT News
HK stock bizarre | China OVS PPT (02669) rose by over 4% again, winning two public medical property service projects in Hong Kong.
China OVS PPT (02669) rose more than 4%, as of press time, up 4.55%, at HKD 5.06, with a turnover of HKD 12.526 million.
The property management stock is trending upward and China OVS PPT (02669) has increased by 5.13%. In July, the top 50 property enterprises added a total of approximately 96.16 million square meters of contracted area.
Jingu Finance News | The stocks of property management companies are trending upward, with China OVS PPT (02669) up by 5.13%, China RES MIXC (01209) up by 3.26%, Everg Services (06666) up by 3.23%, Shimao Services (00873) up by 2.78%, Poly PPT Ser (06049) up by 2.42%, and CG Services (06098) up by 2.84%. According to a research report released by China Index Academy, the total contracted area of the top 50 property service enterprises in July 2024 is approximately 96.16 million square meters, with an average contracted area of 1.92 million square meters. Among them, Country Garden Life is included.
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.
Hong Kong stock concept tracking | Real estate collection and storage scope will gradually expand and strive, policy support to continue to promote destocking (with concept stocks)
Puyin International pointed out that the focus of real estate policy is still on helping real estate companies digest inventory.
HTSC: The real estate hold positions ratio continued to decline in Q2 2024. It is recommended to focus on real estate companies with abundant core resources and stable operation.
Real estate positions and concentration of holding positions continued to decline.
WisePort stock analysis | Fiscal and tax reforms stimulate consumer enthusiasm, China Tourism Group Duty Free Corporation (01880) skyrockets with high volume.
The impact of this national fiscal and taxation reform on the capital markets is quite significant, and more importantly, it has rekindled expectations on the consumer level. This is a gradual process, and the specific implementation time may be relatively long, but it does not hinder funds from speculating in advance.
[Brokerage Focus] China International Capital Corporation pointed out that the property management sector continues to consolidate, with improved valuation attractiveness.
Jingu Finance News | China International Capital Corporation stated that the property management sector is continuing to consolidate, with the attractiveness of valuations marginally increasing. Last week, key property companies fell by 7.4%, and underperformed related developers and the Hang Seng China Enterprises Index by 0.8 and 4.2 percentage points, respectively. On the individual stock side, the steady property companies' average cumulative decline over the past two weeks (-14%) was slightly lower than that of other private property companies (-19%). As the bank previously suggested, in the short term, real estate beta will still dominate the trend of the property management sector, and currently, investors are gradually switching from positive changes in trading policies to the effects of trading policies, and risk preferences have declined slightly, causing the property management sector’s valuations to adjust accordingly. The overall valuation of the sector at present is
China OVS PPT cancelled a total of 2.9 million repurchased shares on May 29th.
China OVS PPT (02669) announced that on May 29, 2024, a total of 2.9 million repurchased shares were cancelled.
CICC: Property management stocks suggest focusing on unchanged target prices for stocks covered by CNOOC Property (02669) and Wanwuyun (02602)
CICC expects the profit growth rate of property management stocks to reach roughly 10-20% this year.
[Broker Focus] Ping An Securities's first recommendation rating for CNOOC Properties (02669) indicates that it has obvious cost control advantages as a central enterprise property management leader
Jinwu Financial News | According to Ping An Securities Research, CNOOC Property (02669) is a Chinese overseas group under China Construction Group Co., Ltd., first developed property services in Hong Kong, China in 1986, entered the mainland market in 1991, and was listed on the main board of the Hong Kong Stock Exchange in October 2015. It is one of the leading property management companies in China. The company mainly carries out four businesses: property management services, value-added services for non-residents, value-added services for residents, and parking space transactions. In 2023, revenue contributed 72.1%, 16.4%, 9.9%, and 1.5%, and gross profit contributed 68%, 13.5%, and 16.3
[Hong Kong Stock Connect] CNOOC Properties (02669) increased more than 9%, and Ping An Securities indicated that its operating performance continued to improve and gave it a “recommended” rating
Jinwu Financial News | CNOOC Properties (02669) fluctuated higher. As of press release, it rose 9.33% to HK$5.74, with a turnover of HK$233 million. According to Ping An Securities Research and Research, as a leader in property management in central enterprises, the company has strong financial stability and strength. The company's own quality priorities and external expansion are strong. The company's 2024-2026 EPS is expected to be 0.47 yuan (same per unit), 0.55 yuan, and 0.63 yuan respectively. The current stock price corresponding PE is 10.1 times, 8.7 times, and 7.5 times, respectively. For the first time, coverage was given “recommendations”
CHINA OVS PPT: Annual Report 2023
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.
Damo: Target price of HK$6.71 for an “increase in holdings” rating for CNOOC Properties (02669)
According to CNOOC Property (02669) management guidelines, the compound annual growth rate for 2024-2026 is 15% to 20%, and it is possible to increase the dividend payout ratio.
Everbright Securities: Maintaining CNOOC Properties' (02669) “Buy” Rating, New Orders Grow Rapidly in 2023
Everbright Securities adjusted CNOOC Properties' (02669) net profit forecast for 2024-2025 to RMB 16.3/1.88 billion.
[Broker Focus] Everbright Securities maintains CNOOC Property's (02669) “buy” rating, indicating that future performance growth is highly guaranteed
Jinwu Financial News | According to Everbright Securities Research Report, CNOOC Properties (02669) issued the 2023 annual results announcement, achieving operating income of 13.05 billion yuan, +19.7% year over year (2022 financial data was adjusted retroactively); gross profit of 2.07 billion yuan, up 19.3% year on year; realized net profit to mother of 1.34 billion yuan, up 22.8% year on year; and a final dividend of HK 8.5 cents per share (HK8.0 cents in 2022). The company is actively expanding, new orders are growing rapidly, personnel structure is being optimized, and per capita efficiency is improved. According to the bank, the company's own brand strength is strong, and it competes with foreign development
CNOOC Properties (02669.HK) spent HK$2.55 million to buy back 600,000 shares on April 5
On April 5, GLONGHUI | CNOOC Properties (02669.HK) announced that on April 5, 2024, it would cost HK$2.55,000 to repurchase 600,000 shares, with a repurchase price of HK$4.12-4.2 per share.
CNOOC Properties (02669) spent HK$7.7086 million to buy back 1.8 million shares on March 28
CNOOC Properties (02669) announced that on March 28, 2024, the company spent HK$7.7086 million...
CICC: Maintaining CNOOC Properties' (02669) “Outperform the Market” Rating Target Price to HK$6
CICC lowered CNOOC Property's (02669) net profit forecast for this year and next year by 15%/16% to 15.8/1.82 billion yuan, respectively.
China Overseas Property Holdings (HKG:2669) Could Easily Take On More Debt
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