ENTITY
Greentown Service Group

Greentown Service Group (2869 HK)

70
Analysis
IndustrialsChina
Greentown Service Group Co. Ltd. is a property management service provider. The Company provides property management services for high-end residential property, property consulting services, and community value-added services.
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27 Aug 2024 18:49Broker

Greentown Service (2869 HK) - Solid 1H24 Against Industry Headwinds

Core OPM expanded 1.2ppt YoY to 9.8%, resulting from a +0.6ppt GP margin hike and a 0.6ppt decrease in SG&A ratio attributable to efficient cost...

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28 Aug 2022 08:26

China Property Management: Lacking Independence

Property management units are unlikely to be shielded from risks as their parent face funding issues. Valuations for property management companies...

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12 Sep 2024 07:53Broker

Property - Weekly Highlight: Sales Decline May Widen in Sep

Policy on refinancing of mortgages is under discussion, and we think it may lift purchasing sentiment only if mortgage rates are lowered to a level...

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18 Aug 2024 12:20

The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (August 16)

Japan ETF flows have been light after the massive outflow from carry trade unwind. Qifu Tech, Q Tech and JDL all had positive earnings announcement...

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25 Jun 2024 19:51

Midea Real Estate (3990 HK): An In-Specie Distribution to Unlock Value

After the distribution of the asset-heavy business, Midea RE will remain listed as an asset-light business, estimated to be worth HK$1.93. The...

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