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The 美联 house price Index fell by 0.13% week-on-week, continuing to create a new low of over 8 and a half years.
The latest "Morgan Stanley Confidence Index" reports 60.2 points, down 5.2% week-on-week, marking four consecutive weeks of decline. The financial budget announced a significant reduction of the property stamp duty for properties valued at 4 million HKD or below to 100 HKD, which is bullish for the atmosphere of the Hong Kong real estate market; however, several new developments have taken advantage of the situation to launch sales, and some eager sellers have lowered their prices, resulting in an increase in discounted listings and a decline in the confidence index.
GREENTOWN SER (02869.HK) will hold a Board of Directors meeting on March 21 to approve the annual performance.
On March 10, according to Globe News, GREENTOWN SER (02869.HK) announced that the Board of Directors will hold a meeting on March 21, 2025, to review and approve the annual performance and its release for the year ending December 31, 2024, consider the proposal for the payment of a final dividend (if any), and address Other matters.
GREENTOWN SER: NOTICE OF BOARD MEETING
Market Update | Property management stocks have risen across the board, with JINMAO SERVICES up over 9%, and CG SERVICES up nearly 8%. Leading companies in the property management Industry are continuously expanding their scale, and the Industry concentra
Recently, CRIC released the TOP 50 property service companies in China for new contract area in January 2025. In January, the TOP 50 companies added approximately 78.08 million square meters of new contract area, with new third-party expansion totaling 71.46 million square meters, and the scale of leading companies continues to expand.
CITIC: The domestic Real Estate has the potential to move upward this year, Bullish on CHINA RES LAND (01109) and others.
The bank believes that the industry may have opened the path towards capacity restoration, and in principle, some proactive arrangements can be made for real estate stocks, maintaining the profit forecast and Target Price for the covered symbols unchanged.
Greentown Service Group Announces Leadership Changes