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Yuexiu Services (06626.HK) spent HKD 0.712 million to repurchase 0.234 million shares on September 11th.
On September 11th, Guangzhou Exchange (06626.HK) announced that it repurchased 0.234 million shares at a cost of 0.712 million Hong Kong dollars.
Yuexiu Services Announces Major Board Reshuffle
Yuexiu Services Announces Board Structure
Yuexiu Services (06626.HK): Wang Jianhui was appointed as an executive director.
On September 11, Guangzhou Services (06626.HK) announced that starting from September 11, 2024: Yao Xiaosheng resigned as non-executive director. After the resignation, he no longer serves as a member of the Investment Committee; Zhang Jianguo, the executive director, was transferred to non-executive director and resigned as CEO, as well as a member of the Nomination Committee and the Environmental, Social and Governance Committee. Mr. Zhang will continue to serve as a member of the Investment Committee; and Wang Jianhui was appointed as executive director, CEO, and a member of the Nomination Committee, Investment Committee, and the Environmental, Social and Governance Committee.
Express News | Yuexiu Services Group Ltd - Zhang Jianguo Resigned as Chief Executive Officer
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.
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