GREENTOWN MGMT News

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.

Zhitong FinanceDec 17 06:29 ET

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.

Zhitong FinanceDec 16 06:20 ET

Daiwa: Upgraded greentown mgmt (09979) target price to 3.67 Hong Kong dollars, rating raised to "shareholding".

Daiwa is bullish on greentown mgmt (09979) for its light assets business model with a shareholder roi of over 20%.

Zhitong FinanceDec 6 01:11 ET

Greentown Management Holdings Insiders Added CN¥32.6m Of Stock To Their Holdings

Simply Wall StDec 3 17:57 ET

Greenland Management (9979.HK): Shaping new value in the construction of indemnificatory apartments and the evolution of the contracting industry.

Recently, the "High-Quality Housing Construction and Innovative Operation and Maintenance Service Experience Exchange Conference" organized by the China Real Estate Industry Association was successfully held. At the meeting, Wang Junfeng, Executive Director and CEO of Greentown Management, pointed out that "against the backdrop of accelerating the construction of a new model for real estate development, as a representative of new models and new productive forces, the agency construction industry should also undertake new missions and contribute new values in the construction of affordable housing." Looking back at the series of initiatives and achievements by Greentown Management in recent years, it is enough to prove the key role of the agency construction industry in promoting the transformation and upgrading of the real estate industry. It can be said that Greentown Management, as a leading enterprise in the agency construction sector, has already...

Gelonghui FinanceDec 3 01:05 ET

Greentown Management Holdings Company Limited's (HKG:9979) Largest Shareholders Are Public Companies Who Were Rewarded as Market Cap Surged HK$563m Last Week

Simply Wall StNov 1 19:08 ET

Hong Kong stock concept tracking | Peking, Shenzhen real estate market volume hits new high, real estate sector policy effects may gradually emerge (with concept stocks)

Data from the China Real Estate Research Institute shows that as of the 26th of October, the number of second-hand residential housing transactions in Beijing has reached 12,979 units. It is expected that the total number of transactions in October will exceed 0.016 million units, reaching a new high in 19 months; the actual transaction volume is expected to reach 0.025 million units, the highest in the same period in 8 years.

Zhitong FinanceOct 27 22:26 ET

[Brokerage Focus] Citi Securities maintains a 'buy' rating on greentown mgmt (09979), expecting performance to remain stable.

Kingwu Finance News | CICC issued a research report stating that Greentown Management Holdings (09979) achieved revenue of 1.67 billion yuan in 2024H1, a year-on-year growth of 7.8%; comprehensive gross margin of 51.5%, a year-on-year decrease of 0.5 percentage points, with the gross margin of government construction projects dropping by 4.4 percentage points to 40.4% year-on-year mainly due to the decrease in government construction project fees; net income attributable to equity holders was 0.501 billion yuan, a year-on-year growth of 5.8%, with net margin decreasing by 0.6 percentage points to 30.0% year-on-year. The bank stated that as of September 30, 2024, the company's new development project construction fees amounted to 6.62 billion yuan.

Jingu Finance NewsOct 16 20:54 ET

CRIC Real Estate Research: In the first three quarters, the newly contracted scale of the top 20 enterprises for development projects reached 120.4 million square meters, an increase of 40% compared to the end of the second quarter.

In the first three quarters of 2024, the top 20 newly contracted scale construction enterprises added a total signed construction area of 120.4 million square meters, an increase of 40% compared to the end of the second quarter. Compared to the past two years, this accounts for 66% of the total newly added construction area in the entire year of 2023 by the same sample of companies, indicating a slight slowdown in growth, but still significantly higher than 2022 (which accounted for 97.7% of the total newly added construction area by the same sample of companies in 2022).

Zhitong FinanceOct 15 06:36 ET

Announcement Highlights | sd gold: Net profit in the first three quarters is expected to increase by 37.52% to 67.26%; ping an insurance's original premium income in the first 9 months is close to 700 billion yuan

PICC Group: The total original premium income for the first 9 months was 568.916 billion yuan, a year-on-year increase of 5.23%; China Res Land: The accumulated contract sales for the first 9 months amounted to 172.3 billion yuan.

cls.cnOct 14 20:20 ET

Greentown Management's GFA of Newly Contracted Projects Rise 1.8% in January-September

MT NewswiresOct 14 06:58 ET

Express News | Greentown Management - Estimated Project Management Fee for Newly Contracted Projects Under Project Management Business for 9M RMB6.62 Bln

ReutersOct 14 04:35 ET

greentown mgmt (09979) estimated the construction fee for new projects in the first 9 months as 6.62 billion yuan.

greentown mgmt (09979) announced that in the first nine months ending September 30, 2024, the Group's new expansion...

Zhitong FinanceOct 14 04:34 ET

Is Weakness In Greentown Management Holdings Company Limited (HKG:9979) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?

Simply Wall StSep 26 20:09 ET

Hong Kong stock market concept tracking | Existing home loan interest rate cut imminent, real estate sector accelerates stabilization and valuation repair (with concept stocks)

Industry insiders predict that the specific plan for lowering the interest rates on existing housing loans is unlikely to be introduced before the "National Day" holiday.

Zhitong FinanceSep 24 21:52 ET

GREENTOWN MGMT: 2024 INTERIM REPORT

HKEXSep 19 05:16 ET · Announcements

Opinion index: The growth of listed physical enterprises has slowed down, and IFM prices have started to "intensify" internally.

The interim report disclosed by listed companies at the end of August shows a continuous slowdown in the industry's scale and revenue growth, making profits more difficult and financial risk control pressure increasing.

Zhitong FinanceSep 18 08:59 ET

[Brokerage Focus] CMB International: The downward trend in real estate sales in September may intensify.

Jingu Finance News | CMB International Bank said that the downward trend in real estate sales in September may intensify. The bank pointed out that some cities are adopting a new pricing mechanism, using the internal area of the house rather than the total area as the pricing basis for sales while keeping the total price of the house unchanged. The bank believes that due to the higher price per unit area under this mechanism, it will not promote sales in the short term. However, the bank believes that this will increase transaction transparency, protect the rights and interests of homebuyers, and promote the healthy development of the industry in the long term. Discussions on the policy of allowing conversion of inventory to mortgages are currently underway. The bank believes that this will only be feasible when mortgage interest rates decrease to a level that makes rental yield attractive.

金吾財訊Sep 11 03:11 ET

Market Chatter: Hong Kong Rental Property Prices Close to Record High in August

MT NewswiresSep 9 08:27 ET

[Brokerage Focus] Zhongtai maintains a "buy" rating on Greentown Management Holdings (09979), indicating the company's stable profitability.

According to the research report released by Zhongtai Securities, Greentown Management Holdings (09979) recorded a revenue of 1.67 billion in the first half of 2024, a YoY growth of 7.8%. The net income was 0.5 billion, a YoY growth of 5.8%. The company's profit growth rate is slightly lower, mainly due to the comprehensive gross margin of the company, which decreased by 0.5% to 51.5% compared to the same period last year. In addition, the ROE of the company increased by 0.25% to 13.35% compared to the same period last year. Overall, the company's profitability is relatively stable, maintaining its position as the leading player in the development and service industry, with a market share of over 20% for 8 consecutive years. The bank continued to emphasize that

金吾財訊Sep 6 01:29 ET