06626 YUEXIU SERVICES
- 3.250
- +0.040+1.25%
YUEXIU SERVICES News
The benefits of the real estate industry are spreading frequently! Hong Kong stocks and domestic housing stocks are collectively restless. Is there any room for improvement in the future?
The agency believes that real estate stock prices generally respond faster than fundamental recovery, so the bottom of real estate stocks is basically clear. The first promotion focuses on housing enterprises that are deeply involved in first-tier and core second-tier cities, focus on improving products, and have the ability to acquire land continuously.
The volume of second-hand housing transactions has increased dramatically. What is the signal?
Under the influence of recent intensive property market easing policies in key cities, there were positive changes in property market transactions during the “May 1st” period.
Real investigation! After the Beijing Property Market New Deal, how was the “May Day” housing market?
Overall, the Beijing property market has stabilized under the influence of a series of policies.
Hong Kong stocks are rising fiercely! Low-priced stocks followed the trend. What are the reasons behind this sharp rise?
In the last 9 trading days, Hong Kong stocks have risen fiercely, and some low-priced stocks are also booming!
Express News | Regulation is discussing urging commercial banks to speed up loans to real estate whitelist projects
越秀服務：年報2023
Express News | CITIC Securities: Currently, sector valuations are low. I am optimistic about property service companies that are fundamentally oriented and continue to increase their dividends
Yuexiu Services Group Chairman Resigns, Successor Named
Yuexiu Services Group (HKG:6626) said its chairman, Lin Feng, resigned due to job reassignment, according to a Wednesday filing on the Hong Kong bourse. Zhu Huisong will succeed Lin as the new chairma
Yuexiu Services (06626.HK): Zhu Huisong appointed as Non-Executive Director and Chairman of the Board
Gelonghui, April 24 | Yuexiu Services (06626.HK) announced that Lin Feng resigned as a non-executive director and chairman of the board of directors. After his resignation, he ceased to serve as Chairman of the Nomination Committee, Investment Committee, Environmental, Social and Governance Committee and a member of the Remuneration Committee; and Zhu Huisong was appointed as a non-executive director and chairman of the Board, Chairman of the Nomination Committee, Investment Committee, Environmental, Social and Governance Committee, and a member of the Remuneration Committee.
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Dongwu Securities: Three important questions to consider when investing in property stocks at this stage
The Zhitong Finance App learned that Dongwu Securities released a research report saying that as the industry begins to return to a normal pace of development, the property business model should match a higher dividend rate, and increasing and maintaining a higher dividend rate should be a normal decision for property companies to adapt to the new stage of industry and company development. Looking at the current situation, considering the relationships with real estate related parties, the comprehensive strength of third parties to expand, and the ability and willingness to continue to pay high dividends, central and state-owned real estate enterprises have relatively higher investment value, but the investment value of individual outstanding private property enterprises should not be ignored. Based on analytical logic, recommendations: Poly Industries (06049), China Resources Wan
First time! Interest rates on new mortgages issued in March were lower than corporate loans. What is the signal?
For the first time on record, the inversion between personal housing loan interest rates and corporate loan interest rates has come to an end.
There have been structural changes in the market! What happened to the weakening of Hong Kong real estate stocks and insurance stocks?
Analysts believe that the rise in crude oil and gold reflects the geographical situation. The market anticipates that Iran may launch an attack on Israel this weekend; if China's treasury bonds rise sharply, MLF interest rates may be lowered next Monday; while in the equity market, the most reassuring currently is still Vanke. The insurance sector, which has a high correlation between underlying assets and real estate, is also being impacted as a result.
Express News | All prefecture-level cities and above have established real estate financing coordination mechanisms
Express News | CITIC Securities: Subsequent long-term bond interest rates or low, strong fluctuations, medium- and short-term coupon interest strategies may be relatively stable
Intraday Overview | The three major indices collectively weakened, the Tech Index fell more than 1%, Tencent reversed the market and rose more than 2%, and the stock price returned to the HK$300 mark
Most Technology Network stocks weakened, Baidu fell more than 4%, Bilibili, JD, Xiaomi, and Ali fell about 2%, and Meituan fell nearly 1%; property management stocks strengthened; Poly Property rose nearly 13%, Greentown Services rose more than 12%, and China Resources Vientiane Life rose nearly 8%.
Express News | Industry news: Purchase restriction policies in non-core areas of first-tier cities may be lifted
Changes in Hong Kong stocks | Property management stocks rise as domestic housing stocks rise, real estate policies continue to shift easing, and the impact of property management companies' real estate-related businesses weakens
Property management stocks rose along with domestic housing stocks. As of press release, Songdu Services (09608) rose 14.68% to HK$0.25; Xincheng Yue Service (01755) rose 6.55% to HK$2.44; Wanwuyun (02602) rose 5.33% to HK$18.98; and Yuexiu Services (06626) rose 2.91% to HK$2.83.
Yuexiu Services (6626.HK): Stable performance, improved dividend rate
Core view: In 2023, the company achieved revenue of 3.22 billion yuan, a year-on-year increase of 29.7%, achieved net profit of 490 million yuan, an increase of 17.0% over the previous year, and continued steady growth in performance. The growth rate of net profit to mother was lower than the increase in revenue
YUEXIU SERVICES(06626.HK):STRONG 2023 RESULTS AMID A CHALLENGING ENVIRONMENT MAINTAIN "BUY"
We reiterate "Buy" rating and trim TP to HK$4.10. We expect more upside potentia
Analysis
Price Target
No Data
