02869 GREENTOWN SER
- 3.510
- -0.110-3.04%
GREENTOWN SER News
Hong Kong stock market changes | Property management stocks rise with mainland real estate; the sales performance of the top 100 real estate enterprises in June has improved significantly month-on-month, and institutions believe that valuations are expect
According to the Zhixin Finance app, property management stocks rose with mainland real estate, as of press time, Greentown Services (02869) rose 6.53%, to HKD 3.59; CG Services (06098) rose 5.6%, to HKD 5.09; Shimao Services (00873) rose 5.19%, to HKD 0.81; A-Living Services (03319) rose 4.64%, to HKD 2.93; Sunac Services (01516) rose 3.31%, to HKD 1.87. In terms of news, according to data released by CREIS Real Estate Research Institute, the top 100 real estate companies will achieve sales turnover in June 2024.
Greentown Ser (02869) granted a total of 71,242,600 stock options.
On June 26, 2024, Greentown Ser (02869) announced that the board of directors granted options to several directors and senior management of the company.
DBS maintains a "shareholding" rating on Greentown Service (02869) and raises the target price to HKD 4.45.
Credit Suisse lowered their 2024 core profit forecast for Greentown Ser (02869) by 6%, but raised their forecasts for 2025 and 2026 by 1% and 3%, respectively.
Greentown Service Group Co. Ltd.'s (HKG:2869) CEO Compensation Looks Acceptable To Us And Here's Why
Key Insights Greentown Service Group to hold its Annual General Meeting on 21st of June Total pay for CEO Keli Jin includes CN¥1.67m salary Total compensation is 34% below industry average Gree
Greentown Service Group Co. Ltd.'s (HKG:2869) Earnings Haven't Escaped The Attention Of Investors
Greentown Service Group Co. Ltd.'s (HKG:2869) price-to-earnings (or "P/E") ratio of 18.4x might make it look like a strong sell right now compared to the market in Hong Kong, where around half of the
Soochow Securities: How much expectation should be put on real estate acquisition and what will be the result?
Drawing on the experience of the 2014 cycle, assuming a 21% reduction in turnover cycle or a turnover cycle of around 16.9 months, the volume and price of real estate sales will significantly recover.
[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
Is Greentown Service Group (HKG:2869) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we thi
Bank Ratings | J.P. Morgan Chase: Companies concerned about defensive profitability and potential dividend growth in domestic housing stocks
According to a research report published by J.P. Morgan Chase, the Chinese authorities recently introduced another package of property market support measures. Although they believe that the effects of the policy may not be enough to trigger large-scale economic recovery in the short term, I believe this has shown the authorities' determination to support the real estate market more firmly and help reduce the downward pressure on the economy. According to the report, the People's Bank of China announced the establishment of a 300 billion yuan affordable housing reloan to support local state-owned enterprises to buy commercial housing that has already been built and not sold at a reasonable price for use as placement or rental affordable housing. It is expected to bring in 500 billion yuan of bank loans. The policy is surprising
CICC: Property management stocks suggest focusing on unchanged target prices for stocks covered by CNOOC Properties, Wanwuyun, etc.
CICC released a research report saying that under the current policy enforcement direction, the visibility of the physical market's volume and price stabilization and structural recovery has increased for a year or more. Although the stock price reaction may be ahead of the physical market recovery, it is expected to provide a layout window if phased profits are settled. Comprehensive enterprise fundamentals and financial and valuation indicators, CICC suggests focusing on CNOOC Property (02669), Wanwuyun (02602), Sunac Services (01516), Greentown Services (02869), Poly Industries (06049), and China Resources Vientiane Life (01209). It also recommends Dajian Jiancheng Management Holdings (0997)
Changes in Hong Kong stocks | Shimao Services (00873) rose more than 15%, leading property management stock Hangzhou Linan will acquire a state-owned enterprise real estate property management company with high quality stock housing, which is expected to
The Zhitong Finance App learned that property management stocks rose with domestic housing stocks in early trading. As of press release, Shimao Services (00873) rose 17.52% to HK$1.14; Greentown Services (02869) rose 16.95% to HK$4.83; Times Neighborhood (09928) rose 10.71% to HK$0.62; Wanwuyun (02602) rose 8.05% to HK$215.5; and Poly Industries (06049) rose 8.04% to HK$35.6. According to the news, Lin'an, Hangzhou is buying commercial housing for public rental housing. Many industry experts believe that although Hangzhou chose Africa and China
Mainland property management stock Pusheng Greentown Services (02869) rose 9.93%, CITIC Securities is optimistic about the real estate industry chain and the prospects of property service companies
Jinwu Financial News | Mainland property management stocks rose 10.71%, Greentown Services (03662) rose 10.71%, Greentown Services (02869) rose 9.93%, Shimao Services (00873) rose 7.22%, Wanwuyun (02602) rose 4.24%, and China Resources Vientiane Life (01209) rose 4.14%. CITIC Securities said that China's real estate may have five ways to absorb housing stock, namely 1) promoting the recovery of market transactions, 2) buying vacant commercial housing by state-owned platforms, 3) encouraging enterprises and institutions to buy stock housing in batches, 4) buying residents' stock housing in trade-in places, and 5) optimizing
[Broker Focus] CITIC Securities expects a multi-pronged housing stock digestion policy to work
Jinwu Financial News | CITIC Securities said that China's real estate may have five ways to absorb existing housing stock, namely 1) promoting the recovery of market transactions, 2) buying vacant commercial housing by state-owned platforms, 3) encouraging enterprises and institutions to buy stock housing in batches, 4) buying residents' stock housing in a trade-in place, and 5) optimizing stock project planning. These routes have all been initially verified by local authorities, and it is expected that they will gradually be promoted in the future. In the medium term, if all distribution plans for affordable housing are completed through repurchases, and the land market and repurchases form a virtuous cycle, then the maximum repurchase limit can reach 40% of the scale of new housing transactions, for existing housing
We Think Greentown Service Group's (HKG:2869) Solid Earnings Are Understated
Investors signalled that they were pleased with Greentown Service Group Co. Ltd.'s (HKG:2869) most recent earnings report. Looking deeper at the numbers, we found several encouraging factors beyond t
GREENTOWN SER: 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.
Dongwu Securities: Three important questions to consider when investing in property stocks at this stage
The Zhitong Finance App learned that Dongwu Securities released a research report saying that as the industry begins to return to a normal pace of development, the property business model should match a higher dividend rate, and increasing and maintaining a higher dividend rate should be a normal decision for property companies to adapt to the new stage of industry and company development. Looking at the current situation, considering the relationships with real estate related parties, the comprehensive strength of third parties to expand, and the ability and willingness to continue to pay high dividends, central and state-owned real estate enterprises have relatively higher investment value, but the investment value of individual outstanding private property enterprises should not be ignored. Based on analytical logic, recommendations: Poly Industries (06049), China Resources Wan
Greentown Service Group (HKG:2869) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Three Years, but the Stock Ascends 4.9% This Past Week
While it may not be enough for some shareholders, we think it is good to see the Greentown Service Group Co. Ltd. (HKG:2869) share price up 13% in a single quarter. But only the myopic could ignore
Greentown's Profit Rises 11% in 2023; Shares Surge 12%
Greentown Service Group (HKG:2869) booked an attributable profit to shareholders of 605.4 million yuan for the year ended Dec. 31, 2023, up 10.6% from 547.5 million yuan in the year-ago period, accord
Changes in Hong Kong stocks | Greentown Services (02869) rose nearly 10%, net profit increased 10.6% year-on-year last year, final interest of HK$0.15 per share
Greentown Services (02869) rose nearly 10%. As of press release, it rose 9.51% to HK$2.88, with a turnover of HK$17.546,800.
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