Bank of America has downgraded the rating of WuYun (02602.HK) and GREENTOWN SER (02869.HK) to "underperform".

Bank of America indicates that property management stocks in Mainland China, acting as proxies for the recovery of the Mainland Real Estate sector, have benefited from improved investor sentiment, with stock prices appreciating by over 10% this year, similar to Mainland Real Estate stocks. However, the bank prefers Mainland Real Estate stocks over property management stocks due to the diversified regional exposure of the latter, compared to the major Mainland Real Estate stocks concentrated in core cities. The bank believes the recent rebound in stock prices lacks fundamental support and, based on valuation, has downgraded the investment ratings of Wanwu Cloud (02602.HK) and GREENTOWN SER (02869.HK) to "underperform the market," while considering CHINA RES MIXC (01209.HK) and POLY PPT SER (06049.HK) as.

AASTOCKSMar 24 16:04

Express News | Peking and He Yue Wang Yun, and He Yue Yu Ming opened on the same day, with a total transaction amount reaching 15.2 billion yuan.

BreakingsMar 22 10:52

Express News | YUEXIU PROPERTY management stated that there are plans to use 0.4 billion in funding for external expansion in 2025.

BreakingsMar 20 18:37

Yuexiu Property Co Schedules Board Meeting for Year-End Results and Dividend Decision

TipRanksMar 19 19:11

YUEXIU PROPERTY (00123.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.

Glory Holdings announced on March 19 that YUEXIU PROPERTY (00123.HK) will hold a Board of Directors meeting on March 31, 2025 (Monday) to approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the final dividend distribution.

Gelonghui FinanceMar 19 18:37

YUEXIU PROPERTY: DATE OF BOARD MEETING

HKEXMar 19 18:35 · Announcements