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kingfarproperty (01354) surged more than 30% after a sharp decline, with an increase of over 187% in 14 trading days.
As the saying goes, unusual occurrences must have their reasons, and now kingfarproperty has surged again; there must be secrets behind it.
KINGFARPROPERTY: INTERIM REPORT 2024
After a 5-fold surge following the IPO, Evergrande Property (01354) experiences a pullback before the cornerstone shares are unlocked. Will the stock price recede before the lock-up period ends?
There may be more speculative capital participating in the speculation before and after the unlocking of the shares held by the two major cornerstone investors, at which time the volatility of the stock may further increase...
Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
How much you earn is how much you distribute? Hong Kong stock property sector "surprisingly" offers full dividends, with many companies distributing more than 50% of their interim dividends.
①How will the large dividends from Hong Kong property stocks affect the market? ②Which companies have relatively strong short-term performance in the property sector?
Hong Kong stock market fluctuation | Jingfa Property (01354) rose more than 6%, continuing to refresh its high, up 1.4 times from the IPO price, with a 20% increase in net profit in the first half of the year.
Evergrande Property Services Group (01354) surged more than 6%, hitting a new high of 18.02 Hong Kong dollars, surpassing the IPO price of 7.5 Hong Kong dollars by more than 1.4 times. As of the time of writing, it is up 6.59%, trading at 17.8 Hong Kong dollars, with a turnover of 1.1097 million Hong Kong dollars.
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