CG SERVICES (06098) Stock Price, News, Quotes-Moomoo

HK Stock MarketDetailed Quotes

06098 CG SERVICES

Watchlist

5.160
-0.030-0.58%

Market Closed Jan 24 16:08 CST

17.25BMarket Cap-25.42P/E (TTM)

Intraday

5D
Daily
Weekly
Monthly
1Q
1Y

Trade Overview

Unit: --

Capital Trend

IntradayDayWeekMonth

No Data

News

Hong Kong stocks are moving differently | Property management stocks are rising along with Mainland Real Estate stocks. Several real estate companies have made new progress in their debt restructuring. Morgan Stanley expects the property management Indust
Property management stocks rose alongside Mainland Real Estate stocks. As of the time of publication, Wanwu Cloud (02602) increased by 7.3% to HKD 22.05; CG SERVICES (06098) rose by 6.71% to HKD 5.41; CHINA RES MIXC (01209) was up 4.28% to HKD 30.45; SUNAC SERVICES (01516) increased by 3.87% to HKD 1.61.
Zhitong FinanceJan 21 01:56 ET
Hong Kong stocks notable movement | CG SERVICES (06098) rose over 9% in early trading, the related property company Country Garden surged 30% after resuming trading. The company stated that recent impairment events do not affect Operation.
CG SERVICES (06098) rose over 9% in early trading; as of the time of writing, it has increased by 8.09%, priced at HKD 5.48, with a trading volume of HKD 0.117 billion.
Zhitong FinanceJan 20 21:19 ET
Country Garden Services: Have Enough Capital to Meet Working Capital Needs >6098.HK
Dow JonesJan 13 17:26 ET
CG SERVICES (06098) subsidiary Man Guo has made a provision for impairment of approximately 0.8 billion to 1.1 billion yuan.
CG SERVICES (06098) issued an announcement, stating that based on a recent review of the group's financial status, and adhering to the principle of prudence, ...
Zhitong FinanceJan 13 09:52 ET
Express News | Country Garden Services - Expects Net Profit of Group for Financial Year Ended 31 December 2024 Will Decrease by RMB800 Mln to RMB1,100 Mln
ReutersJan 13 09:28 ET
Express News | Country Garden Services Sees FY Net Cash Generated From Operating Activities RMB3,300 Mln to RMB4,300 Mln
ReutersJan 13 09:28 ET

Comments

Dec 18, 2024 04:39

Good but still not out of the woods.

CHINA NOV AVERAGE HOME PRICES FELL 0.2% ON MONTH VS. 0.51% DROP IN OCT, AVERAGE HOME PRICES FELL 6.1% ON YEAR VS. 6.2% DROP.
MORE CITIES SAW HOUSING PRICE M/M INCREASES. HOME PRICES FELL ON MONTH IN 49 OF 70 CITIES VS. 63, FELL ON YEAR IN 67 OF 70 CITIES VS. 67 IN OCT.
$COUNTRY GARDEN (02007.HK)$ $CG SERVICES (06098.HK)$ $AGILE GROUP (03383.HK)$ $AGILE GROUP HOLDIN (AGPYY.US)$ $LONGFOR GROUP HLDG (LGFRY.US)$ $LONGFOR GROUP (00960.HK)$ $EVERGRANDE (03333.HK)$

2

Dec 4, 2024 19:53

COUNTRY GARDEN Nov Contracted Sales Plunge ~51% YoY

Country Garden November property sales drop worsens to 51% from down 31% in October.
Not indicative of China’s overall property market IMHO. Country Garden’s reputation is shot and few believe they can meet their obligations to buyers.
$COUNTRY GARDEN (02007.HK)$ $CG SERVICES (06098.HK)$ $AGILE GROUP (03383.HK)$ $AGILE GROUP HOLDIN (AGPYY.US)$ $EVERGRANDE (03333.HK)$ $Hang Seng H-Share Index ETF (02828.HK)$

7

Oct 18, 2024 02:47

1⃣ China's Jan-Sept realestate development investment fell by 10.1% y/y to 7.87 trillion yuan.
2⃣Residential housing sales areas decline narrowed to -17.1% y/y at 703 million square meters, and the total sales down by 22.7% y/y to 6.89 trillion yuan. (narrowed)
3⃣Developing funds in place down 20.0% y/y(narrowed) to 7.89 trillion yuan.
4️⃣Sentiment 92.41
$LONGFOR GROUP (00960.HK)$ $CG SERVICES (06098.HK)$ $AGILE GROUP (03383.HK)$ $EVERGRANDE (03333.HK)$

+1

Officials say the real estate market is bottoming out. What’s your view on China's property market?

6

Oct 17, 2024 22:12

The consistent MoM decline in property prices is why Beijing is pushing supportive policies.

I’d be worried if the rate of decline does not significantly lessen in October given the reports of a more active buyer market since the National Day holiday.
ALL CHINA SEPT NEW HOME PRICES -0.7% M/M (AUG -0.7%), -5.8% Y/Y (AUG -5.3%). STABILIZED M/M, WITH Y/Y DECLINES WIDENING.
HOME PRICES FELL M/M IN 66 OF 70 CITIES VS. 67 IN AUG, FELL Y/Y IN 68 CITIES, VS 68 IN AUG.
$CG SERVICES (06098.HK)$ $LONGFOR GROUP (00960.HK)$ $EVERGRANDE (03333.HK)$ $AGILE GROUP (03383.HK)$

Officials say the real estate market is bottoming out. What’s your view on China's property market?

2

2

Oct 17, 2024 07:24

When this property “white list” initiative was launched at the start of the year, it was being downplayed as a failed policy by mainstream media.

Today, it appears it has been successful based on the amount of approved loans made - DOUBLE the original budget. And now, Beijing is boosting that original budget by almost 3X to 4 trillion yuan.
Seems as if a recovery was already starting to take form underneath the surface. Now, they are addressing the demand side with lower mortgage rates, easier ...

When this property “white list” initiative was launched at the start of the year, it was being downplayed as a failed policy by mainstream media.

When this property “white list” initiative was launched at the start of the year, it was being downplayed as a failed policy by mainstream media.

Officials say the real estate market is bottoming out. What’s your view on China's property market?

3

Read more

Trending Stocks

Symbol Mini Chart % Chg

Harvest Bitcoin Spot ETF

ChinaAMC Bitcoin ETF

CSOP Bitcoin Futures ETF

Bosera HashKey Bitcoin ETF

Samsung Bitcoin Futures Active ETF

Unlock the Full List

Investment Theme

China Mainland Property Mgnt

China Mainland Property Mgnt