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Hysan-Chinachem JV, Vanke Hong Kong, Kerry Launch Projects
Vanke Hong Kong sold part of The Campton project's mall for 0.104 billion Hong Kong dollars in《Harbor House》.
CBRE Group announced that it successfully assisted Vanke Hong Kong in selling the shopping mall portion of The Campton project on Fuk Wing Street, Cheung Sha Wan, for a price of 0.104 billion yuan. Together with the earlier sale of the commercial vehicle park of the same project for Vanke Hong Kong, the total sale price of The Campton's commercial section is 0.188 billion yuan. Mo Wangning, Senior Director of CBRE Group's Capital Markets Department, expressed great joy in being able to successfully assist Vanke Hong Kong again within three months, finding buyers for the commercial section of the same project, two local investors will use it for their own use and long-term investment purposes. CBRE Group's Capital Markets Department Vice President Di Wenjie added.
Hong Kong stocks staged a V-shaped rebound! A50 soared, Wanda, Meituan turned positive, analyst: the adjustment confirms the reversal logic.
Regarding the morning adjustment of Hong Kong stocks today, Zhang Yidong, the global chief strategist analyst at Industrial Securities, stated that the volatility in Hong Kong stocks has arrived, precisely confirming the reversal logic rather than a short-lived rebound. In October, there is hope for Hong Kong stocks and A shares to shift from the recent short-covering rebound to a more sustainable volatile reversal.
VANKE OVERSEAS: Interim Report 2024
Vanke Overseas Reports First Half 2024 Loss
Vanke Overseas (01036.HK): Shareholders' attributable loss in the first half of the year was 29.323 million Hong Kong dollars.
Vanke Overseas (01036.HK) announced on August 22 that for the six months ended June 30, 2024, it achieved revenue of 0.165 billion Hong Kong dollars, a year-on-year decrease of 9.15%; gross profit was 73.281 million Hong Kong dollars, a year-on-year decrease of 20.6%; the company's shareholder recorded a loss of 29.323 million Hong Kong dollars for the period, compared to a profit of 2.535 million Hong Kong dollars for the same period last year; basic and diluted loss per share was 0.08 Hong Kong dollars. During the period, the group's revenue mainly came from: (i) renting units and parking spaces in Lijing Center; (ii) renting Xingyu (completed in September 2023)