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We Think Greentown Service Group's (HKG:2869) Robust Earnings Are Conservative
Hong Kong stocks fluctuated | Property management stocks had the highest gains, CHINA RES MIXC (01209) surged 8% after earnings, Institutions indicate that the Sector is expected to deliver sustainable high dividends.
Property management stocks are seeing significant gains. As of the time of writing, CHINA RES MIXC (01209) is up 8.67%, trading at HKD 33.85; WANWU CLOUD (02602) is up 4.85%, trading at HKD 23.8; POLY PPT SER (06049) is up 4.41%, trading at HKD 31.95; YONGSHENG SER (01995) is up 4.33%, trading at HKD 2.17; GREENTOWN SER (02869) is up 3.67%, trading at HKD 4.24.
Hong Kong stocks movement | GREENTOWN SER (02869) rose over 3% as annual profit attributable to Shareholders increased by nearly 30% year-on-year, with the Basic Property Sector effectively driving overall revenue growth.
GREENTOWN SER (02869) rose over 3%, as of the time of writing, it increased by 3.67%, priced at 4.24 Hong Kong dollars, with a transaction amount of 18.5105 million Hong Kong dollars.
Hong Kong Property: In March, the number of Residence registrations in Hong Kong is expected to reach 5,000 cases, setting a new four-month high.
As of the 24th of this month, Hong Kong's Residence properties (including first-hand private housing, second-hand private housing, and second-hand public housing) have recorded 3,974 registrations.
Greentown Service Group Posts 30% Higher Profit
Hong Kong Stock Morning Report|Our country will implement comprehensive measures to expand consumption. Most China Concept Stocks are down.
1. The country will implement comprehensive measures to expand consumption; the new policy on consumer loans allows for the personal consumption loan self-payment cap to be increased from 0.3 million yuan to 0.5 million yuan in stages. 2. Trump and the U.S. Secretary of Defense made speeches stating that Russia and Ukraine will soon achieve a complete ceasefire. 3. The three major U.S. stock indices rose last Friday, while most China Concept Stocks declined. 4. Speculative traders have shifted to Put the dollar for the first time since Trump's victory.