China Vanke Co.,Ltd. Stock Forum

According to the performance forecast released by China Vanke $CHINA VANKE(02202.HK)$ , the company expects a net loss of 7 to 9 billion yuan for the current period, compared to a net profit of 9.87 billion yuan in the same period last year. After excluding non-recurring gains and losses, Vanke anticipates a net loss of 5 to 6.5 billion yuan.
The increased losses compared to the first quarter are attributed to a decline in settlement profits from real estate projects and the company's intensif...

after the HKSAR Establishment holiday. New home sales by China's top 100 developers rose 36% m/m, thanks to recent supportive measures.
Hang Seng China Enterprises rises 0.9%.
$SHIMAO GROUP(00813.HK)$ $EVERGRANDE(03333.HK)$ $AGILE GROUP(03383.HK)$ $LONGFOR GROUP(00960.HK)$ $SUNAC(01918.HK)$ $CHINA VANKE(02202.HK)$ $SUNAC SERVICES(01516.HK)$ $KWG GROUP(01813.HK)$ $COUNTRY GARDEN(02007.HK)$

There was HKD113.9 million, HKD50.4 million and HKD2.8 million Southbound Trading net inflow to $TENCENT(00700.HK)$ , $SUNAC(01918.HK)$ and $CHINA MOBILE(00941.HK)$ .
There was HKD449.5 million, HKD65.2 million and HKD45.9 million Southbound Trading net outflow from $XPENG-W(09868.HK)$ , $CHINA VANKE(02202.HK)$ and $CNOOC(00883.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $BANK OF CHINA(03988.HK)$ was the most a...

China's Jan-Apr realestate development investment fell by 9.8% y/y to 3.1 trillion yuan.
Residential housing sales areas tumbled 20.2% y/y to 2.26 trillion square meters, and the total sales plummeted by 28.3% y/y to 2.8 trillion yuan.
Developing funds in place fell 24.9% y/y to 3.4 trillion yuan.
Sentiment 92.0
$CHINA VANKE(02202.HK)$ $VANKE OVERSEAS(01036.HK)$ $CHINA VA POFF-D(44012.HK)$ $SUNAC(01918.HK)$ $SUNAC SERVICES(01516.HK)$ $COUNTRY GARDEN(02007.HK)$

$Hang Seng Index(800000.HK)$ climbed 303 points or 1.6% to 19,376 at midday. $Hang Seng China Enterprises Index(800100.HK)$ gained 122 points or 1.8% to 6,864. $Hang Seng TECH Index(800700.HK)$ hiked 42 points or 1.1% to 4,084. Total half-day turnover for the market amounted to $114.256 billion.
$TENCENT(00700.HK)$ 's 1Q24 non-IFRS net profit hiked 54% YoY, beating forecasts, and its share price advanced 4.2% to $397.8.
$BABA-SW(09988.HK)$ shed 2.4%...

$CHINA VANKE(02202.HK)$ can bet abit this? Look super cheap..

$Hang Seng Index(800000.HK)$ slid 165 points or 0.9% to close at 18,313. $Hang Seng China Enterprises Index(800100.HK)$ fell 69 points or 1.1% to close at 6,456. $Hang Seng TECH Index(800700.HK)$ lost 50 points or 1.3% to close at 3,872. Total market turnover for the day amounted to $128.655 billion.
The sales volume of China's top 100 real estate companies fell 13% MoM in April. Chinese developers took the lead to decline. $KWG GROUP(01813.HK)$ and $AGILE GROUP(03383.HK)$ plummeted...

Car stock $LI AUTO-W(02015.HK)$ opened 2.4% lower, while $XPENG-W(09868.HK)$ rebounded 1.3% higher. $GWMOTOR(02333.HK)$ sales in April rose 1.8%, and its shares opened flat at $11.9.
Shenzhen optimised its home purchase restriction policy by allowing multi-children families to purchase another housing unit. $CHINA VANKE(02202.HK)$ opened 1% higher at $4.85 after it announced a 38% YoY drop in April contracted sales. $CHINA OVERSEAS(00688.HK)$ opened 1.3% lower.