Is Binjiang Service Group Co. Ltd.'s (HKG:3316) Recent Stock Performance Tethered To Its Strong Fundamentals?

Simply Wall StDec 12 17:59 ET

[Brokerage Focus] CCB International indicates that there are no signs of a bottoming out in the fundamentals of the Real Estate Industry.

Kingwo Financial News | CMB International released the Real Estate Outlook for 2025, expecting the annual sales growth rates for new homes in 2024 and 2025 to be -20% and -11%, reaching 7.4 and 7 trillion respectively, while the transaction volume for second-hand homes is projected to reach 7.1 and 7.5 trillion, officially becoming the dominant force in the real estate market. This is mainly based on 1) Policy: The effects of the already implemented policies are still lingering, and several measures are currently being put into action, which require time for observation. Hence, it is speculated that the likelihood of introducing major policies in the short term (such as lifting purchase restrictions in more first-tier cities) is relatively low. At the same time, the promotion of policies like stockpiling still faces challenges, making it difficult to significantly reduce inventory in 2025; 2) Supply.

Kingwu Financial NewsDec 11 00:27 ET

The Recent HK$431m Market Cap Decrease Is Likely to Have Disappointed Insiders Invested in Binjiang Service Group Co. Ltd. (HKG:3316)

Simply Wall StNov 14 23:53 ET

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.

Zhitong FinanceOct 27 22:26 ET

Binjiang Service Group (HKG:3316) Jumps 15% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns

Simply Wall StOct 1 01:46 ET

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.

Zhitong FinanceSep 24 21:52 ET