In the "Major Action," CICC raised the Target Price for SHENZHEN INT'L (00152.HK) to 9.38 yuan, with an attractive dividend yield.

CICC published a report indicating that SHENZHEN INT'L (00152.HK) announced that the retained land for the first phase of the South China Logistics Park land preparation benefit coordination project has been approved by the people's government of Longhua District, Shenzhen, and will commence related land supply work. The release of this announcement signifies that the company has the development rights for the aforementioned land, and subsequent development work will begin after the formal completion of relevant land transfer procedures. According to the company's announcement, the retained area of the South China Logistics Park project is approximately 0.109 million square meters, with a planned floor area of about 0.694 million square meters, and the land area approved in this phase is about 0.022 million square meters, with a planned floor area ratio of 5.8. Based on the bank's calculations, assuming the land...

AASTOCKSJan 2 15:30

CICC: Maintains SHENZHEN INT'L (00152) 'Outperform Industry' rating, Target Price raised to HKD 9.38.

The land preparation project for the South China Logistics Park's first phase, retaining land (specifically plot 02-20-04), has been approved by the Longhua District People's Government of Shenzhen and will initiate land supply-related work.

Zhitong FinanceJan 2 10:13 · Ratings

Hong Kong stocks movement | SHENZHEN INT'L (00152) surged over 7% in early trading as the Phase I project of South China Logistics Park was approved, which is expected to contribute a significant profit increase.

SHENZHEN INT'L (00152) rose more than 7% in the morning session, as of the time of writing, up 7.45%, trading at 7.5 Hong Kong dollars, with a transaction amount of 25.9754 million Hong Kong dollars.

Zhitong FinanceDec 31, 2024 09:46

SHENZHEN INT'L (00152): The land preparation benefit coordination project phase one of the South China Logistics Park has been approved by the People's Government of Longhua District, Shenzhen, and relevant land supply work will commence.

SHENZHEN INT'L (00152) announced that the group is developing Phase 1 of the South China Logistics Park, covering an area of approximately 5...

Zhitong FinanceDec 31, 2024 08:12

SHENZHEN INT'L (00152.HK) South China Logistics Park Phase I project has been approved, marking the beginning of a new chapter in transformation and upgrading.

On December 31, Glonghui reported that SHENZHEN INT'L (00152.HK) announced regarding the group's plan to carry out the South China Logistics Park Phase I land preparation project, which covers an area of approximately 0.53 million square meters ("the project"), has signed a land preparation supervision agreement ("land preparation agreement") with the Longhua District Urban Renewal and Land Preparation Bureau ("Longhua Preparation Bureau"), the Minzhi Street Office of Longhua District of Shenzhen, and the Longhua Management Bureau of the Shenzhen Planning and Natural Resources Bureau ("City Planning and Natural Resources Longhua Bureau") (collectively referred to as "the parties"). The project will implement a comprehensive approach that involves retaining the land and providing MMF compensation.

Gelonghui FinanceDec 31, 2024 07:14

SHENZHEN INT'L (00152.HK) has 66 projects deployed in 41 cities nationwide, with high-standard warehouses leading in market share in Shenzhen.

SHENZHEN INT'L (00152.HK) announced that the opening ceremony for the SHENZHEN INT'L high-standard warehouse, covering 6 million square meters, and the first significant customer exchange meeting will be held today, with enthusiastic attendance from 200 customers nationwide. SHENZHEN INT'L President Liu Zhengyu pointed out that as of now, the company has established 66 projects in 41 cities across the country, with 46 projects already in operation, reaching a total operational management area of 6 million square meters. The market share ranking for high-standard warehouses is 'first in Shenzhen and seventh in the country,' successfully entering the top tier of national logistics real estate, marking a milestone in SHENZHEN INT'L's development of logistics infrastructure. Currently, the company has formed a focus on high-standard warehouses.

AASTOCKSDec 18, 2024 14:57