01972 SWIREPROPERTIES
- 15.280
- -0.140-0.91%
SWIREPROPERTIES News
Merlin Bingham Swire sold 334,400 common shares of the associated corporation of Swire Properties (01972.HK) worth approximately HK$3,533,500
On May 14, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 14, Merlin Bingham Swire sold 334,400 common shares of Swire Pacific Limited 'B', a linked corporation worth approximately HK$3,533,500, at an average price of HK$10.6949 per share on May 10. After the sale, Merlin Bingham Swire's latest shareholding number of shares in the associated corporation was 2.3967 million shares, and the good position ratio dropped from 0.09%
This week's bullish stocks in Hong Kong | High-dividend stocks are sought after! China's foreign transport week rose by more than 23%, and China's building materials rose by more than 17%
In terms of individual stocks, net revenue from Q1 products increased by nearly 40% year on year, and Zaiding Pharmaceutical soared more than 26% this week; pre-sale of new iPad products began! The Apple concept stock, BYD shares surged nearly 20% this week.
Merlin Bingham Swire sold 230,000 common shares of the associated corporation of Swire Properties (01972.HK) worth approximately HK$2,414,900
On May 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 9, Merlin Bingham Swire sold 230,000 common shares of Swire Pacific Limited 'B', a linked corporation worth approximately HK$2,414,900 on May 8 at an average price of HK$10.4996 per share. After the sale, Merlin Bingham Swire's latest shareholding in the associated corporation was 2,7271 million shares, and the good position ratio dropped from 0.10% to 0.09%.
Merlin Bingham Swire sold 297,500 common shares of the associated corporation of Swire Properties (01972.HK) worth approximately HK$3.253,800
On May 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 9, Merlin Bingham Swire sold 297,500 common shares of Swire Pacific Limited 'B', a linked corporation worth approximately HK$3.253,800 at an average price of HK$10.9373 per share on May 6. After the sale, Merlin Bingham Swire's latest shareholding number of shares in the associated corporation was 2,9571 million shares, and the good position ratio dropped from 0.11% to 0.1
Merlin Bingham Swire sold 160,000 common shares of the associated corporation of Swire Properties (01972.HK) worth approximately HK$1,693,300
On May 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 8, Merlin Bingham Swire sold 160,000 common shares of Swire Pacific Limited 'B', a linked corporation worth approximately HK$1.6931 million on May 2 at an average price of HK$10.5816 per share. After the sale, Merlin Bingham Swire's latest shareholding in the associated corporation was 3.254,600 shares, and the good position ratio dropped from 0.12% to 0.11%.
Merlin Bingham Swire sold 180,000 common shares of the associated corporation of Swire Properties (01972.HK), worth approximately HK$11.8676 million
On May 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 8, Merlin Bingham Swire sold 180,000 common shares of Swire Pacific Limited 'A', an associated corporation worth approximately HK$11.8676 million on May 2 at an average price of HK$65.931 per share. After the sale, Merlin Bingham Swire's latest shareholding in the associated corporation was 301,000 shares, and the good position ratio dropped from 0.06% to 0.04%.
Changes in Hong Kong stocks | Hong Kong real estate stocks are generally lower, Citi is still bearish on the Hong Kong real estate industry, and the Hong Kong real estate industry expects property prices to drop 10% for the whole year
Hong Kong real estate stocks were generally lower. Citigroup said that since real estate agents are anxious to push for a reasonable price, demand still depends on currently stuck interest rates, so it maintains the forecast of a 10% drop in Hong Kong property prices for the whole year.
Changes in Hong Kong stocks | Swire Properties (01972) fell more than 4% in the afternoon, the first-quarter operating index fell short of expectations, negative rent growth expanded
The Zhitong Finance App learned that Swire Properties (01972) fell by more than 4% in the afternoon. As of press release, it was down 4.29% to HK$15.18, with a turnover of HK$355.36,800. According to the news, Swire Properties released its operating data report for the first quarter of 2024. In terms of completed investment properties, Pacific Place's occupancy rate was 98%, rent reduction was 17%; Taikoo Place (overall) occupancy rate reached 91%, rent reduction of 13%; Hong Kong Island East Centre and Taikoo Place Tower 1 had a occupancy rate of 93%; and the occupancy rate of other Taikoo Place office buildings reached 90%, with rents reduced by 11%. According to a research report by Jefferies, Swire Properties2
Big Bank Ratings｜Citibank: Still Underwhelming the Hong Kong Real Estate Industry's Second-Quarter Preferred Stocks: Wharf Land, Swire Properties and SHKP
Glonghui, May 8 | Citi published a report saying that it still downplays the Hong Kong real estate industry because of de-globalization; the performance of the four pillar industries slowed before new drivers appeared; real interest rates were high due to economic weakness and deflation; after the Federal Reserve cut interest rates, Hong Kong mortgage interest rates may not initially follow the decline; the retail industry was affected by the downturn in tourist consumption, and average spending per tourist fell; office buildings faced upward pressure on supply, but demand declined after layoffs; the relaxation of housing measures triggered short-term sales impulses, and more new listings were driven by reasonable prices. Overall, Citi expects real estate stocks with high free cash flow visibility and stable dividend prospects
UBS: Target price of HK$23.3 for a “buy” rating for Swire Properties (01972)
UBS expects that the Group's stock price will react negatively due to weak data for the first quarter.
Changes in Hong Kong stocks | Swire Properties once fell more than 4%, and Pacific Place's rent cut by 17% in the first quarter
The Zhitong Finance App learned that Swire Properties (01972) once fell by more than 4%. As of press release, it fell 3.19% to HK$15.8, with a turnover of HK$1972.67 million. According to the news, Swire Properties released its operating data report for the first quarter of 2024. In terms of completed investment properties, Pacific Place's occupancy rate was 98%, rent reduction was 17%; Taikoo Place (overall) occupancy rate reached 91%, rent reduction of 13%; Hong Kong Island East Centre and Taikoo Place Tower 1 had a occupancy rate of 93%; and the occupancy rate of other Taikoo Place office buildings reached 90%, with rents reduced by 11%. HSBC Research previously indicated that although Hong Kong wrote in the first quarter
Swire Properties (01972.HK)'s overall occupancy rate of office properties in Hong Kong was 93% on March 31
Gelonghui, May 6, 丨 Swire Properties (01972.HK) announced that as of March 31, 2024, the company's overall occupancy rate of office buildings in Hong Kong was 93%. For the three months ended March 31, 2024, Pacific Place's rent was reduced by 17%; Taikoo Place was reduced by 13%.
Changes in US dollar bonds | Swire Properties' SWIPRO 3.5 01/10/28 price fell 1.009% to 92.996
SWIPRO 3.5 01/10/28, issued by Swire Properties on May 3, fell -1.009% at a current price of 92.996, with a yield of 5.636%.
Express News | Moody's confirms Swire Properties' A2 rating and the outlook is stable.
Swire Properties (01972): Yan Yan appointed as independent non-executive director
Swire Properties (01972) announced (1) Carrie Cheng's resignation as an independent non-executive director to seek new opportunities, including...
Central Plains Real Estate: New parking spaces sold by developers, Hong Kong residential parking space transactions are heating up
Yeung Ming-yee pointed out that the capital investor entry plan favors the development of Hong Kong's financial assets and non-residential real estate, and the parking space market is expected to benefit. It is expected that overall residential parking space sales will remain stable at the level of more than 1,000 in the second quarter.
In Hong Kong, two big stories have come out!
Today, there are two major news stories in Hong Kong!
Big Bank Ratings | J.P. Morgan Chase: Upgrading Henderson Land and Swire Properties to “Increase Your Weights”
Glonghui, April 9 | J.P. Morgan Chase released a research report indicating that Hong Kong real estate stocks have outperformed the Hang Seng Index by 10% from the beginning of the year to date. Even though the Hong Kong government's “withdrawal”, unfavorable factors in the industry still exist. The bank's short-term selection order will be residential, mass retail stores, luxury retail stores, and finally office buildings. The bank raised the ratings of Hang Kai Properties and Swire Properties from “neutral” to “increased holdings”. The target prices were raised from HK$23 and HK$16.5 to HK$26.5 and HK$18, respectively, in line with Sino, because dividend certainty is the highest, and the performance has outperformed peers since the beginning of the year. In addition, the bank also lowered the number of warehouses in Kowloon
SWIREPROPERTIES: Annual Report 2023
After 10 months of continuous decline, Hong Kong's private home sales price index fell 1.69% month-on-month in February
Furthermore, in February of this year, the private home rent index was reported at 185.3 points, down about 0.12% month-on-month. It has been falling for two consecutive months, falling 0.32%.
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