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Hong Kong stocks movement | GREENTOWN SER (02869) rises over 3% as Institutions predict the company's profit will increase by up to 25% year-on-year in 2024, with cash flow demonstrating resilience.
GREENTOWN SER (02869) increased by over 3%, as of press time, it rose by 3.51%, trading at 3.83 Hong Kong dollars, with a transaction amount of 3.8123 million Hong Kong dollars.
On January 17, GREENTOWN SER (02869.HK) spent 2.8207 million Hong Kong dollars to repurchase 0.76 million shares.
Gelonghui, January 17: GREENTOWN SER (02869.HK) announced that on January 17, 2025, it will spend 2.8207 million Hong Kong dollars to buy back 0.76 million shares, with a buyback price of 3.67-3.75 Hong Kong dollars per share.
CICC: New home sales showed stable performance in December 2024. Follow-up measures after the policy effect pulsing back are still the focus of attention.
Considering the recent narrowing year-on-year growth in sales area of new and second-hand homes, and the trend of declining listing prices and increasing volumes in major cities, the effects of policies may be gradually pulsing back. The decline in market trading activities around the Spring Festival could lead to a more stable phase of price fluctuations.
0.9% Earnings Growth Over 5 Years Has Not Materialized Into Gains for Greentown Service Group (HKG:2869) Shareholders Over That Period
GREENTOWN SER (02869.HK) spent 2.8577 million HKD to repurchase 0.756 million shares on January 16.
On January 16, Gelonghui reported that GREENTOWN SER (02869.HK) announced the repurchase of 0.756 million shares at a cost of 2.8577 million HKD on January 16, 2025, with a repurchase price of HKD 3.7-3.83 per share.
HSBC Downgrades Greentown Service Group to Hold From Buy; Price Target Is HK$4.10
Market Participants Recognise Greentown Service Group Co. Ltd.'s (HKG:2869) Earnings
