Greentown Service Group Co Ltd Shs Regulation S
02869: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 5.10 | Gwbx | Vzprzmv |
Greentown Service's Earnings to Be Bolstered by Continuing Top-Line Growth and Cost Initiatives
Business Strategy and Outlook
Greentown Service Group, or GSG, was established in 1998 in Hangzhou mainly for the provision of property management services, or PMS, to Greentown China. GSG operates in three major business segments: 1) property management services; 2) community value-added services, or VAS, and 3) property consulting services and VAS to nonproperty owners. We consider GSG one of the leading property management and VAS providers in China, with business strength in the Yangtze River Delta.