02869 GREENTOWN SER
- 3.720
- +0.060+1.64%
GREENTOWN SER News
Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.
① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.
GREENTOWN SER (02869.HK) plans to acquire a 25% stake in Hangzhou Jiancheng and shareholder loans for 0.223 billion yuan.
On December 23, Glonghui reported that GREENTOWN SER (02869.HK) announced that on December 23, 2024, the buyer (a subsidiary of the company) and the seller entered into an equity and debt transfer agreement, whereby the buyer agreed to purchase and the seller agreed to sell 25% equity and shareholder loans of Hangzhou Jiancheng for a consideration of 0.223 billion yuan (of which the shareholder loan consideration is 0.175 billion yuan). As of the announcement date, Hangzhou Jiancheng is held by the buyer, Zhejiang Asset Management, and the seller, with respective equity interests of 20%, 40%, and 40%, and according to their respective holdings in Hangzhou Jiancheng.
Express News | Greentown Service Group Co Ltd - Acquisition of 25% Equity Interest in Hangzhou Jiancheng
Greentown Service Group (HKG:2869) Could Easily Take On More Debt
The Central Finger Research: In December, the SSE Conglomerates Index for property service prices in twenty cities slightly declined, with Wuhan experiencing the largest decrease.
In December 2024, the Property Service price SSE Conglomerates Index for twenty cities was 1075.37, a year-on-year decrease of 0.01% and a month-on-month decrease of 0.03%, with both year-on-year and month-on-month figures shifting from an increase to a decrease.
Greentown Service's Education Arm Cuts Stake in Montessori Academy to 35%
[Brokerage Focus] SWHY expects the Real Estate Industry to bottom out and maintains a 'Bullish' rating on Real Estate and property management.
Gold Eagle Financial News | SWHY stated that over the past three years, China's Real Estate sector has undergone deep adjustments, and the effects of relaxed policies during this period have been limited. The bank believes that the core issue lies not in insufficient demand, but in the weakening of residents' balance sheets. The statements in September to 'stop the decline and stabilize' and in December to 'stabilize the Real Estate and stock markets' clarified the policy approach to repairing residents' balance sheets, demonstrating stronger policy effectiveness than before. The policy has entered a more targeted trajectory, and it is expected that more proactive and substantial policies will be introduced subsequently, with the Industry likely to reach a bottom. Considering that mid-term demand has support but short-term supply has constraints, the bank forecasts that the total will still be skewed next year.
The research institute found that the disclosure rate of the ESG reports of listed Property Service companies reached 95.65% overall.
The Zhongzhi Research Institute has released the 2024 ESG evaluation research report for listed Property Service companies in China.
GREENTOWN SER (02869.HK): Completed the sale of part of the equity in MAG.
On December 16, Gelonghui announced that GREENTOWN SER (02869.HK) has completed the sale of 16.2 million Australian Dollar and the sale of 11.64% equity after fulfilling all the prerequisites of the share sale agreement and repurchase agreement on December 16, 2024.
Retail Investors Among Greentown Service Group Co. Ltd.'s (HKG:2869) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 4.9% Last Week
Stocks in Hong Kong | greentown ser (02869) rose more than 5%, recently planning to sell part of the equity held in MAG.
Greentown ser (02869) rose more than 5%, as of the time of writing, up 5.33%, priced at 3.95 Hong Kong dollars, with a turnover of 0.185 billion Hong Kong dollars.
Greentown Service (02869.HK) plans to sell 16.2 million australian dollars of MAG's 11.64% equity.
Gelonghui November 8th | Greentown Ser (02869.HK) announced that on November 8, 2024, the seller, Greentown Education Investment Co. Ltd (a wholly-owned subsidiary of the company), and the buyer, Montessori Academy Pty Ltd (as the trustee of the Montessori Academy reits), entered into a share sale agreement, whereby the seller agreed to sell and the buyer agreed to purchase the shares sold, representing approximately 11.64% of MAG's issued share capital, for a consideration of 1.
Express News | Greentown Service Group Co Ltd - Unit to Sell 11.64% Stake in Montessori Academy Group for a$16.2 Mln
Do Its Financials Have Any Role To Play In Driving Greentown Service Group Co. Ltd.'s (HKG:2869) Stock Up Recently?
Hong Kong stock concept tracking | Peking, Shenzhen real estate market volume hits new high, real estate sector policy effects may gradually emerge (with concept stocks)
Data from the China Real Estate Research Institute shows that as of the 26th of October, the number of second-hand residential housing transactions in Beijing has reached 12,979 units. It is expected that the total number of transactions in October will exceed 0.016 million units, reaching a new high in 19 months; the actual transaction volume is expected to reach 0.025 million units, the highest in the same period in 8 years.
GREENTOWN SER: VARIATION OF THE TERMS OF PREVIOUSLY ANNOUNCEDDISCLOSEABLE TRANSACTION -FURTHER AMENDMENTS TO THE TERMS AND CONDITIONS OFTHE RESTATED NOTE
The Three-year Shareholder Returns and Company Earnings Persist Lower as Greentown Service Group (HKG:2869) Stock Falls a Further 15% in Past Week
GREENTOWN SER: INTERIM REPORT 2024
CICC: Real estate entering policy observation period, bullish on China Res Land and others.
CICC released a research report stating that the mainland real estate sector will enter a period of policy effect observation. Considering that the current real estate sector is still in a trend of shrinking volume and falling prices, the comprehensive financial support policies announced on September 24 may bring about a temporary marginal improvement, but whether they can bring about a turning point in the fundamentals still needs to observe the policy effects, and whether there will be further efforts to boost economic growth from the fiscal side. The development sector recommends stable stocks, such as China Merchants Shekou Industrial Zone Holdings, China Resources Land (01109), China Overseas (00688); the service sector suggests positioning on the left side of price fluctuations in enterprises with better composite returns in growth and dividend yield, such as Hua.
Hong Kong stock market concept tracking | Existing home loan interest rate cut imminent, real estate sector accelerates stabilization and valuation repair (with concept stocks)
Industry insiders predict that the specific plan for lowering the interest rates on existing housing loans is unlikely to be introduced before the "National Day" holiday.
No Data
