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