BRIEF: Onewo profit drops 39% despite revenue growth
Property management company Onewo Inc. (2602.HK) said on Thursday its revenue rose 2.7% year-on-year to 37.27 billion yuan ($5.4 billion) in 2025, while its net profit for the year fell…
Evergrande Property Services: Hot potato or hot property?
Liquidators of the failed developer are seeking buyers for its property management arm, Evergrande Property, with several companies reportedly showing interest Key Takeaways: Guangdong Provincial Tourism Holdings and PAG have…
Guo Xin Service makes IPO bid into frigid market for new property plays
Despite Hong Kong’s hot market for new listings, the management company from China’s struggling real estate sector would represent the first new property IPO in several years Key Takeaways: Guo…
BRIEF: Onewo’s first-half profit rises on community services growth
Property management firm Onewo Inc. (2602.HK) said on Monday its revenue rose 3.1% year-on-year to 18.14 billion yuan ($2.53 billion) in the first half of 2025. Its net profit for…
BRIEF: Powerlong Commercial profit plunges on weak property market
Property manager Powerlong Commercial Management Holdings Ltd. (9909.HK) said it expects to report that its net profit for 2024 fell between 50.4% and 60.9% from 2023, according to a profit…
Dalu chases rich valuation on high margins in weak real estate market
The regional property manager has filed for a Nasdaq IPO that would value it at about $100 million and give it a far higher P/E ratio than most of its…
BRIEF: Jiayuan Services moves toward trading resumption with interim, annual results release
Property manager Jiayuan Service Holdings Co. Ltd. (1153.HK) on Thursday announced its results for all 2022 and 2023, and the first half of 2024, fulfilling several requirements before its shares…