|Bid||10.000 x 0|
|Ask||10.000 x 0|
|Day's Range||9.620 - 10.120|
|52 Week Range||7.710 - 13.560|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||5.46|
|Earnings Date||Aug 22, 2019|
|Forward Dividend & Yield||0.69 (7.30%)|
|1y Target Est||14.54|
JOHOR BAHRU, Malaysia, Aug. 19, 2019 /PRNewswire/ -- The Forest City Classic Golf Course, the second 18-hole golf course of the Forest City Golf Resort, is unveiled today. In conjunction with the launch, Forest City has organised a two-day golf tournament for the media which will kick off after the grand opening of the golf course. This is the second time that Forest City is organising the Media Cup tournament.
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Country Garden Holdings Company Limited (HKG:2007) shareholders might be concerned after seeing the share price drop...
JOHOR BAHRU, Malaysia , July 30, 2019 /PRNewswire/ -- Forest City/Country Garden Pacificview Sdn Bhd (CGPV) here has achieved another key milestone by being the only participant from Malaysia to win an ...
(Bloomberg) -- “Stealth easing” is Nomura Holdings Inc.’s description of measures rolled out in some Chinese cities in recent months to counter a faltering property market.In one of the latest cases, Beijing’s city government offered two residential land plots for sale without specifying maximum prices for the apartments to be built on them, the South China Morning Post reported on Wednesday.Nationwide, officials have put so much effort into a campaign against property speculation -- one of President Xi Jinping’s signature policies -- that they may seem unlikely to start unwinding it now. However, a deepening economic slowdown could force just that at the end of the second quarter, according to Nomura economist Lu Ting.The smallest gain in home prices in eight months in December was reported Wednesday, adding to slowdown signs. Here are some of the recent loosening measures in individual cities.Bloomberg Intelligence analyst Patrick Wong sees wider easing as possible next quarter, but cautions that officials will be wary of fueling speculation in the biggest cities, where homes are beyond the reach of many. Nomura forecasts “major” easing, especially in tier-one and tier-two cities, including scrapping price controls and purchase and resale restrictions.HSBC Holdings Plc is focused on a clutch of cities such as Zhuhai, across the border from Macau, which seem especially vulnerable to home-price declines after their household debt blew out. For the nation as a whole, outstanding mortgages grew 823 percent since 2007 to hit 24.9 trillion yuan ($3.7 trillion) in September, the bank said.The biggest slide in home prices this year may be a 5 percent decline in the smaller, tier-3 cities, HSBC analyst Michelle Kwok said in a report this month. National sales may tumble 10 percent. However, the residential market is “far from entering a severe downturn,” she wrote.Developers can mitigate their risks by investing in cities with strong, migration-driven housing demand and less leverage, Kwok said. The builders with the biggest exposures to cities with “high risk profiles” include industry giant Country Garden Holdings Co.For its part, JPMorgan Chase & Co. expects “modest cooling” in China’s real-estate market this year, while BNP Paribas SA said the government may relax property-tightening measures in second half.“As cities in China developed, they became more and more reliant on land sales, so in short, a lot of the cities will have to quietly relax the tightening policies in order to stimulate sales this year,” Wee Liat Lee, a managing director at BNP said during a briefing in Hong Kong on Wednesday.(Corrects second chart that misspelled town name in a story that originally ran on Jan. 17, 2019.)\--With assistance from Katrina Nicholas and Shawna Kwan.To contact the reporter on this story: Paul Panckhurst in Hong Kong at email@example.comTo contact the editors responsible for this story: Katrina Nicholas at firstname.lastname@example.org, Paul PanckhurstFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
FOSHAN, China, July 23, 2019 /PRNewswire/ -- The 2019 edition of the Fortune Global 500 list was formally released on the evening of July 22, with Wal-Mart, Sinopec, and Shell Oil Company owning the top three spots. The Fortune Global 500 companies in the aggregate recorded total operating revenue of US$32.7 trillion, up 8.9 per cent year-on-year, while their profit reached a new high at US$2.15 trillion, up 14.5 per cent. The net profit margin climbed to 6.6 per cent, while the return on net assets advanced to 12.1 per cent. The Fortune Global 500 is a proven authority in terms of global company rankings based on operating revenue.
Is Country Garden Holdings Company Limited (HKG:2007) a good dividend stock? How can we tell? Dividend paying...
Bhd. (CGPV) Forest City ("Forest City Malaysia" or "Forest City") is ready to welcome new residents to over 9,000 new homes. Following the completion of the Starview Bay complex in May, this development will allow an additional 6,500 residents to move into one of the world's most innovative new cities. To meet the needs of its growing community, Forest City has developed a comprehensive and connected smart island experience that encompasses innovative living technologies, personalised service and community events.
The new sustainability plan will see the developer extend the use of digital strategies to cover every segment of its business from design to construction, daily operations and safety management. FOSHAN, China, July 10, 2019 /PRNewswire/ -- Country Garden (HK.02007), a Hong Kong-listed Fortune 500 real estate company, announced plans to position itself as a diversified technology company that creates lifestyle products for global markets. The announcement follows the release of the company's 10th Sustainability Report that discloses its vision, strategy, and practice on future sustainable development.
Bin Mo is the CEO of Country Garden Holdings Company Limited (HKG:2007). This report will, first, examine the CEO...
In terms of a higher dividend yield, the following stocks are thrashing the S&P 500 index, which had a dividend yield of 2.02% at market close on June 7. In addition, Wall Street issued a recommendation rating of overweight for all of them, which means that the stocks are predicted to outperform the overall market within 12 months. Also, while the S&P 500 index, which is considered as benchmark for the overall U.S. stock market, is forecasted to fall 9.1% over the same period, the price target for the following securities translates to at least 11.5% upside from the closing share price Friday.
Just down the neatly manicured road, about a dozen skyscrapers rise from the fields as Shunde New Energy Vehicle Town takes shape inside the city of Foshan, part of southern China’s manufacturing heartland. Shunde is one of at least 20 electric-centric versions of Detroit under construction as China goes all-in on a technology projected to sell in record numbers this year. President Xi Jinping wants the nation’s 500 electric car makers to be magnets for ancillary industries as he pushes to build a manufacturing superpower by 2025.
BENGALURU/HONG KONG (Reuters) - China's developers, the country's most leveraged sector, have finally got their rising debt piles under control and some even boast record amounts of cash, powered by strong earnings growth and restrained expansion, a Reuters analysis showed. Following a furious boom, China has tightened regulatory controls over its massive property market since mid-2016. The government's efforts to rein in excessive borrowing resulted in a record number of bond defaults in China last year, and market experts expect the trend to continue this year.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
FOSHAN, China, May 28, 2019 /PRNewswire/ -- Country Garden Holdings (02007.HK), a leading Chinese property development company, was honored with the title as one of the Top 100 Hong Kong-listed Companies and garnered the Real Estate Industry Excellence award at the Financial Technology Development Forum for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the seventh Top 100HK award ceremony held in Shenzhen on May 24, 2019. The award ceremony for the Top 100 Hong Kong-listed Companies list, a well-established and authoritative ranking, has become a major annual event in the Hong Kong capital market since its launch in 2012. With the support of local universities, the annual ranking aims to recognize outstanding companies listed on the main board of the Hong Kong Stock Exchange as the result of a selection process by an expert judge committee of professionals in finance, accounting and law from both mainland China and Hong Kong.
FOSHAN, China, May 20, 2019 /PRNewswire/ -- Country Garden Holdings (02007.HK), a leading Chinese property development company, moved up to the 129th position in the 2019 edition of the Forbes Global 2000 list released by leading business magazine Forbes on the evening of May 16, 2019. This marked the tenth consecutive year that the Chinese property developer has made the list with the ranking on the list having improved in each of the past ten years. Together with the Forbes Fortune 500, the two lists are the proven authorities in terms of global company rankings.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Country Garden Holdings Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.