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Market Update | Property management stocks have risen across the board, with JINMAO SERVICES up over 9%, and CG SERVICES up nearly 8%. Leading companies in the property management Industry are continuously expanding their scale, and the Industry concentra
Recently, CRIC released the TOP 50 property service companies in China for new contract area in January 2025. In January, the TOP 50 companies added approximately 78.08 million square meters of new contract area, with new third-party expansion totaling 71.46 million square meters, and the scale of leading companies continues to expand.
According to CRIC: In January, the top 50 Property Service companies added contract area of approximately 78.08 million square meters, and the leading companies continue to expand their scale.
In terms of urban service projects, CHINA RES MIXC became the champion of contract amounts for urban service projects in January with a contract value of 83.95 million yuan.
Times Neighborhood Holdings Sees CFO Resignation and Leadership Changes
TIMES NEIGHBOR (09928.HK): Guo Bocheng resigns as Chief Financial Officer.
Gelonghui reported on January 5 that TIMES NEIGHBOR (09928.HK) announced that Guo Bocheng has resigned as Chief Financial Officer, effective from January 5, 2025. The group's Executive Director and CEO Wang Meng will be responsible for the group's Capital Markets starting from January 6, 2025.
The Central Finger Research: In December, the SSE Conglomerates Index for property service prices in twenty cities slightly declined, with Wuhan experiencing the largest decrease.
In December 2024, the Property Service price SSE Conglomerates Index for twenty cities was 1075.37, a year-on-year decrease of 0.01% and a month-on-month decrease of 0.03%, with both year-on-year and month-on-month figures shifting from an increase to a decrease.
The research institute found that the disclosure rate of the ESG reports of listed Property Service companies reached 95.65% overall.
The Zhongzhi Research Institute has released the 2024 ESG evaluation research report for listed Property Service companies in China.
