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Poly PPT Ser (06049.HK) plans to hold a board of directors meeting on August 19th to approve its mid-term performance.
On August 7th, Gelunhui reported that Poly PPT SER (06049.HK) announced that the company will hold a board of directors meeting on August 19th, 2024 (Monday) to consider and approve the mid-term performance of the company and its subsidiaries for six months ending on June 30th, 2024, as well as the publication and handling of other matters.
POLY PPT SER: DATE OF BOARD MEETING
Hong Kong stocks surge | Wanyun (02602) rose more than 4% leading the property management stocks, and Daiwa Securities expects that state-owned property management stocks will grow by 1 to 2% in the first half of the year with stable cash flow.
Property management stocks rebounded today, as of press time, Wanyun (02602) rose 4.53%, to HKD 18.92; s-enjoy service (01755) rose 3.64%, to HKD 2.85; Poly Property Services (06049) rose 1.73%, to HKD 26.4; cg services (06098) rose 1.55%, to HKD 4.59.
Zhongzhi Property Research: In July, the TOP 50 property service enterprises added a total contracted area of about 96.16 million square meters.
Top 50 Chinese property service companies with newly added contract area in July 2024.
Hong Kong stock concept tracking | Real estate collection and storage scope will gradually expand and strive, policy support to continue to promote destocking (with concept stocks)
Puyin International pointed out that the focus of real estate policy is still on helping real estate companies digest inventory.
[Brokerage Focus] China's real estate sector may face downward pressure from July to August, according to CMB International.
Jin Wu News | CMB International stated that Guangzhou has further relaxed regulations allowing foreigners to purchase homes; The land auction market has become hot after canceling the price limit in high-energy-level cities, while low-energy-level cities are relatively weak, indicating that the market-oriented bidding mechanism will accelerate the balance of supply and demand. High-frequency data shows that the sales of new homes have fallen slightly since the peak in late June, while second-hand homes remain strong. From early July to now, the daily average transactions of new homes/second-hand homes have decreased by 21%/increased by 11% respectively compared to the daily averages in June. In terms of transaction observation in first-tier cities, the weekly transaction volume of new and second-hand homes in the 27th week has declined compared with the previous week. Compared with the weekly average transaction volume in the year, Shenzhen and Guangzhou have performed relatively stable.
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