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MIDLAND HOLDING (01200.HK) spent 0.0496 million Hong Kong dollars on January 7 to repurchase 0.06 million shares.
Gelonghui January 6丨MIDLAND HOLDING (01200.HK) announced that on January 7, it spent 0.0496 million Hong Kong dollars to repurchase 0.06 million shares.
According to the Hong Kong Building, the rental return on the Gold Coast in Tuen Mun is about 5%.
According to Midland Realty, the first price list for the second phase of the Sunrise International Tuen Mun Residence, Gold Bay - Perla, was announced today (the 7th), involving 128 units, with a discounted average price of about 9,788 HKD per square foot, and the entry fee starting at a low of 2.422 million HKD. The Chief Executive Officer of Midland Realty's Residential Department, Mr. Bo, stated that this pricing is attractive and lower than the pricing of units released last year in the same project. The entry fee is quite appealing, coupled with numerous schools in the vicinity, therefore it is believed that it can attract many first-time buyers from the '90s or '00s, long-term rental clients, and property investors. It is estimated that the rental price per square foot after moving in could reach about 38 HKD, with a rental return of about 5%, suitable for self-occupancy.
January 6 repurchase collection | TENCENT, HSBC Holdings, and others have made repurchases, among which TENCENT spent 0.701 billion HKD.
According to a disclosure document from HKEX on January 7, TENCENT (00700.HK) and HSBC Holdings (00005.HK) repurchased shares. ① TENCENT (00700.HK) repurchased 1.71 million ordinary shares on January 6, involving an amount of 0.701 billion HKD, with a repurchase price ranging from 415 HKD to 407.4 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased has been 0.235 billion shares, accounting for 2.499% of the total number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) repurchased shares on January 3.
On January 6, MIDLAND HOLDING (01200.HK) spent 0.033 million Hong Kong dollars to repurchase 0.04 million shares.
On January 6, 格隆汇 reported that MIDLAND HOLDING (01200.HK) announced the repurchase of 0.04 million shares at a cost of 0.033 million Hong Kong dollars.
According to "Hong Kong Building", the rental volume of the top ten housing estates in Hong Kong fell by 4% last December. Midland: Hong Kong banks are lowering interest rates to attract renters to "rent to buy."
According to data from Midland Realty's comprehensive branch, Statistics show that there were a total of 259 rental cases in the top ten estates in Hong Kong last December, a slight drop of about 4.1% compared to the 270 cases recorded in November. Midland Realty's Residential Department CEO, Paul Chan, explained that as the rental peak season comes to an end, the monthly rental cases in the top ten estates have fallen to between approximately 260 and nearly 290 over the past four months, a significant decrease compared to the over 400 cases each month during the peak vacation season in July and August. In addition to the end of the rental peak season, the recent series of interest rate cuts by banks in Hong Kong has attracted some users to "rent to buy," which is also believed to have significantly impacted the rental cases in the top ten estates in recent months.
Both Hong Kong Property and Midland China distribute year-end bonuses.
MIDLAND HOLDING (01200.HK) and Hong Kong Property jointly announced that in order to reward the hard work of employees, year-end bonuses will be distributed to eligible frontline clerical staff. Among them, those who meet performance standards at Hong Kong Property can receive an average bonus of 1.3 months for staff at or below the officer level, while managers and above can receive an average bonus of 1.8 months; a total of 1.8 months and an average of 2.3 months in bonuses will be distributed throughout the year, with average bonuses for both officer and manager levels reaching a 14-year high. As for MIDLAND HOLDING China (including Macau), those who meet performance standards will receive year-end rewards.
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