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The Hong Kong overall property registration volume in April reached 7,229 transactions, a 5-month high.
According to the comprehensive data from the Land Registry provided by Midland Realty Research Center, in April, the total property registrations in Hong Kong (including new private homes, second-hand Residences, new public housing, commercial shops, parking spaces, and Other) amounted to a total of 7,229, representing a month-on-month increase of approximately 8.5% compared to 6,661 in March, reaching a five-month high and surpassing the 7,000 mark for the first time since last November.
LUSHANGSERVICES: 2024 ANNUAL REPORT
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.
Hong Kong Property: In March, the number of Residence registrations in Hong Kong is expected to reach 5,000 cases, setting a new four-month high.
As of the 24th of this month, Hong Kong's Residence properties (including first-hand private housing, second-hand private housing, and second-hand public housing) have recorded 3,974 registrations.
Lushang Life Services Sells Controlling Stake in Subsidiary After 36 Million Yuan Capital Injection
LUSHANGSERVICES (02376.HK) annual net profit increased by 12.1% to 45.1 million yuan, with a total managed construction area of 23.6 million square meters.
On March 21, Gelonghui announced the annual performance of LUSHANGSERVICES (02376.HK). For the year ending December 31, 2024, the company's revenue was 0.609 billion yuan, a decrease of 1.9% compared to 0.621 billion yuan in the same period of 2023. The net income attributable to the owners of the parent company was 45.1 million yuan, an increase of 12.1% compared to 40.3 million yuan in the same period of 2023, and a proposed final dividend of 0.1080 yuan per share. As of December 31, 2024, the group managed 97 projects, with a total managed floor area of 23.6 million square meters, an increase of 2.