$Hang Seng Index (800000.HK)$ The Hang Seng Index is truly the most useless in the world, not one of them, just the most useless!

$EVERGRANDE (03333.HK)$ all the bad news have set in, any good news regarding restructuring plan/buyout will see a significant rebound.

$HAIDILAO (06862.HK)$ many people here may think "wow hai di lao trading at an all time low now, cheaper than IPO price, good time to enter!"
But let me caution you here, prior to covid-19, when Hai Di Lao IPO, its already trading at a rich valuation!
Despite that, the share price just kept rocketing eventually to an All Time High of 80+ per share.
But recent news, the management has stated to close down 300 branches, which represents ~30% of the total branches. They also mentioned to halt expansion for an unspecified timeframe.
Bear in mind, when it was trading at 80+ dollar per share, investors were thinking that the growth of Hai Di Lao is unstoppable, but right now.... The growth is halted, worse still 1/3 of their branches (revenue generating machine) will stop for at least 2 years, I do think there's more time to remain at the sideline before catching a falling knife!
Growth stocks that is no longer growing = rich valuation no longer sustainable = Much much lower share price.

China's financial regulators have instructed certain banks to increase lending for real estate projects. Some Chinese banks have been informed to demonstrate a positive growth in outstanding loans for property projects in November compared to October - Reuters cites sources.
Reuters reports that China's regulatory institutions are requiring banks to increase loans for real estate projects. Some banks are stating that the balance of development loans in November showed positive growth compared to the previous month.
$EVERGRANDE (03333.HK)$
$SUNAC (01918.HK)$
$CHINA AOYUAN (03883.HK)$
$FANTASIA (01777.HK)$
$KAISA GROUP (01638.HK)$

Evergrande chairman Hui Ka Yan has raised more than 7 billion yuan ($1.10 billion) by selling personal assets or pledging equity to maintain liquidity of Evergrande Group since July 1: Yicai cites sources
$EVERGRANDE (03333.HK)$

Chinese banks say the issuance of property development loans also increased significantly in Oct, and the pace picked up further in the first ten days of Nov. Banks expect the month-on-month growth trend of real estate loans in Nov to continue: China's state news agency Xinhua
$EVERGRANDE (03333.HK)$
$SUNAC (01918.HK)$
$FANTASIA (01777.HK)$
$Yango Group Co.,Ltd. (000671.SZ)$
$KAISA GROUP (01638.HK)$
$CHINA AOYUAN (03883.HK)$

China National Communication Society Xinhua News Agency: The issuance of real estate development loans in October has significantly increased. It was learned from multiple banks that the issuance of real estate development loans in October also increased significantly. In early November, the intensity of real estate loan issuance by various banks further increased, and it is expected that the month-on-month growth trend of real estate loans in November will continue.
$EVERGRANDE (03333.HK)$
$SUNAC (01918.HK)$
$FANTASIA (01777.HK)$
$KAISA GROUP (01638.HK)$
$CHINA AOYUAN (03883.HK)$
$Yango Group Co.,Ltd. (000671.SZ)$