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Express News | Li Qiang: China's Real Estate market still has great potential for development and needs to further release market potential.
Xingsheng Commercial (6668.HK): Strong fundamentals combined with an 80% high dividend, a value symbol that embodies both certainty and growth.
Two main labels: certainty and growth.
Hong Kong stock Concept tracking | Property leading enterprises scale continues to expand, Institutions are Bullish on Property Service companies with significant safety margins (with Concept stocks)
According to the China Index Academy, in March, the TOP 50 companies added an area of approximately 52.03 million square meters in new contracts, with leading enterprises continuing to expand in scale.
CITIC SEC: Quality and price matching may become a direction encouraged by policy. The property Sector has significant upward elasticity in the future.
The bank suggests that investors pay attention to the policy turning point in the Property Service Sector.
Earnings Conference Highlights | Xing Sheng Commercial (6668.HK) navigates the cycle by anchoring its development foundation, with an 80% high dividend showcasing its profitability.
In the post-epidemic era, the phenomenon of Consumer downgrade continues, coupled with a job market recovery that falls short of expectations, residents' confidence in consumption is still in the process of recovery. This trend is particularly evident among the younger consumer group represented by Generation Z—there is an increased willingness to save, becoming more meticulous about spending, and insisting on "comparing prices among multiple stores."
Xingsheng Commercial (6668.HK): High dividends highlight cost performance for allocation, solid operation foundation is stable.
Subject: Xingsheng Commerce released its 2024 annual report, with the company's revenue for 2024 at 0.645 billion yuan, a year-on-year increase of 1.5%; the net income attributable to shareholders is 0.154 billion yuan, a year-on-year decrease of 9.7%; the final dividend per share is 8.3 Hong Kong cents.