AGPYF : Summary for AGILE PROPERTY HOLD - Yahoo Finance

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  • Bloomberglast year

    Agile Property to Speed Up Asset Sales as Profit Slumps 51%

    Agile Property Holdings Ltd. plans to accelerate asset sales after the Chinese residential homebuilder recorded a 51 percent slump in first-half profit. The builder seeks to sell non-essential assets including hotels and commercial properties, Chief Financial Officer Sam Cheung said at a press briefing on Wednesday after the company’s earnings. It will use the proceeds to buy “better” projects, Chairman Chen Zhuolin said at the briefing.

  • Moody's2 years ago

    Agile Property Holdings Limited -- Moody's assigns B1 to Agile's proposed USD notes; outlook negative

    Hong Kong, May 12, 2015-- Moody's Investors Service has assigned a B1 senior unsecured rating to the proposed USD notes to be issued by Agile Property Holdings Limited. The rating outlook is negative. ...

  • Bloomberg2 years ago

    Agile Leads Builder Rally on Easing Speculation: Hong Kong Mover

    Agile Property Holdings Ltd. (3383) led Chinese developers higher in Hong Kong amid speculation the nation’s central bank may ease monetary stance further after relaxing mortgage policies. KWG Property Holding Ltd. (1813) surged 7.6 percent, the most since May 13. China may cut banks’ reserve requirements and interest rates before the end of this year as the government enters a “crisis-prevention” mode to avoid an economic hard-landing, helping to improve housing affordability to homebuyers, Mizuho Securities Co.’s Hong Kong-based analyst Alan Jin wrote in a report today. “Housing prices should gradually stabilize in the next six months, along with improving sales volume and reduced mortgage interest rates,” Jin said in the report.