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haitong sec: Maintains a "better than the market" rating for yuexiu property with a fair value of HK$7.09-8.86.
Haitong Securities released a research report stating that it maintains a "outperform" rating on Yuexiu Property (00123) and predicts the company's EPS in 2024 to be RMB 0.81, with a reasonable price range of HKD 7.09-8.86 per share. The main points of Haitong are as follows: stable operation performance and sound financial resources. In the first half of 2024, the company achieved revenue of RMB 35.34 billion, a year-on-year increase of 10.1%; net income attributable to owners of the parent company was RMB 1.83 billion, a year-on-year decrease of 15.9%; gross margin was 13.7%, a year-on-year decrease of 4.1 percentage points. As of the end of June 2024, the company excluding expectations.
Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
Hong Kong stock concept tracking | Over 80 cities support state-owned enterprises and others to acquire existing houses, institutions are bullish on investment opportunities related to the "good housing" industry (concept stocks attached)
As of now, more than 80 cities have announced their support for state-owned platform enterprises to acquire commodity housing for the purpose of affordable housing, resettlement housing, talent housing, and turnover housing.
Yuexiu Services (06626) spent 0.7187 million Hong Kong dollars to repurchase 0.239 million shares on August 23.
Yuexiu Services (06626) announced that the company spent 0.7187 million Hong Kong dollars to repurchase...
Yuexiu Services (06626.HK) spent 7.17 million Hong Kong dollars to repurchase 0.235 million shares on August 22nd.
On August 22, Yuexiu Services (06626.HK) announced that it repurchased 0.235 million shares for a total of 0.717 million Hong Kong dollars.
Yuexiu Services (06626) spent 0.717 million Hong Kong dollars to buy back 0.235 million shares on August 22.
Yuexiu Service (06626) announced that it will spend 0.717 million Hong Kong dollars to repurchase 23... on August 22, 2024.
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