The three major Hong Kong stock indices are steadily rising, with Real Estate stocks leading the performance due to bullish factors.
① What factors contributed to today's performance of the Hong Kong stock market? ② Why are Consumer Electronics-related stocks continuously favored by the market?
While Individual Investors Own 43% of Yuexiu Property Company Limited (HKG:123), Private Companies Are Its Largest Shareholders With 43% Ownership
YUEXIU PROPERTY [00123] is currently reported at 5.1 Hong Kong dollars, with an increase of 5.16%.
As of 10:00, YUEXIU PROPERTY [00123] reported 5.1 HKD, an increase of 0.25 HKD or 5.16% compared to yesterday's closing price of 4.85 HKD, with a transaction amount of 21.3811 million HKD. Today's highest price is 5.1 HKD, and the lowest price is 4.87 HKD. Based on yesterday's closing price, the 10-day average price is 4.84 HKD, and the 50-day average price is 5.47 HKD. The current PE is 5.15 times, and the 14-day strength index is reported at 39.18.
According to the index research, the cumulative decline in the prices of second-hand houses nationwide in the fourth quarter of 2024 is narrowing, and the prices in first-tier cities have shown significant stabilization.
According to data monitoring by the Middle Finger Research Institute, in the fourth quarter of 2024, the cumulative decline in second-hand housing prices across all tiers of cities has narrowed, with a significant stabilization in prices in first-tier cities.
The LPR remained unchanged in January. Will mortgage rates decrease again in 2025?
① Since January, the policy interest rates, which are the basis for LPR Quotes, have stabilized, suggesting that the January LPR Quote will remain unchanged. ② There is a possibility of interest rate cuts in the first half of 2025, with the total reduction expected to reach 50 basis points for the year, which is higher than the 30 basis points reduction from the previous year, leading to a significant downward adjustment of the LPR Quote.
Keenan Securities: Real Estate sales in the fourth quarter are stabilizing marginally, and the annual scale of starts and completions has significantly contracted.
The expected sales data for January is weak, and the sustainability of market recovery still needs to be observed.
Mainland Real Estate has partially warmed up as LONGFOR GROUP (00960) rises by 3.73%. Institutions indicate that the continuous improvement of the land market is a prerequisite for the market recovery.
Jinwu Financial News | Some Mainland Real Estate stocks have shown signs of recovery. LONGFOR GROUP (00960) increased by 3.73%, YUEXIU PROPERTY (00123) rose by 3.35%, CHINA RES LAND (01109) went up by 3.1%, CHINA OVERSEAS (00688) advanced by 3.01%, and CH OVS G OCEANS (00081) climbed by 2.38%. The National Bureau of Statistics released data showing that in December 2024, in 70 large and medium-sized cities, the sales prices of Commodity Residence in first-tier cities increased month-on-month, while the overall decline in second and third-tier cities narrowed; the year-on-year decline in first, second, and third-tier cities continued to narrow. In December, the new commercial properties in first-tier cities...
[Brokerage Focus] Ping An Securities: As the Spring Festival holiday approaches, the real estate Industry is expected to enter a period of sluggish transactions in the short term.
Jinwoo Financial News | Ping An Securities has released its monthly report on the real estate Industry. With the approach of the Spring Festival holiday, it is expected that short-term transactions will enter a period of stagnation. In the mid-term view, the current high point of the property market in terms of volume and price has clearly receded. Coupled with the reduction of down payments and interest rates, the threshold for residents to purchase property has significantly improved. Although the existing inventory is high and expectations for housing prices and income still constrain the property market's performance, it is believed that the sharp decline in the market has passed. As more high-efficiency, high-quality products enter the market, some demand may flow back from the second-hand housing market to the new housing market, leading to a stabilization of high-quality products in the market first. The short-term focus should be on the performance from after the Spring Festival to March. On the indiv
Statistics Bureau: In 2024, national Real Estate Development investment is 10,028 billion yuan, a decrease of 10.6% compared to the previous year.
In 2024, the national Real Estate Development investment is 10,028 billion yuan, a year-on-year decrease of 10.6%, of which Residence investment is 7,604 billion yuan, down 10.5%.
[Brokerage Focus] BOCOM INTL expects that sales in the Real Estate Industry during the traditional off-season in January may be under pressure.
Jinwu Financial News | BOCOM INTL indicates that there will be a rebound in sales among the top 100 developers before December 2024. According to preliminary data from Ke Rui, the total sales amount of the top 100 developers increased by 22.7% month-on-month from 386.5 billion yuan (RMB, the same below) in November to 474.2 billion yuan. The sales of 24 major listed developers also rebounded in December, increasing by 19.0% month-on-month. Data from the National Bureau of Statistics in November shows that the price index declines in various cities generally narrowed, with new commodity residence prices in November decreasing by 6.1% year-on-year and 0.2% month-on-month (October: -6.2%/-0.5
Real estate Bonds plummeted, with the decline of "0.21 million科02" expanding to 27% after a trading halt. This year, real estate companies still have over 500 billion Bonds to repay.
In 2024, the Real Estate Industry achieved a total domestic credit Bonds financing of 344.85 billion yuan, a year-on-year decrease of 18.5%. In 2025, the maturing Bonds balance for real estate companies is 313.547 billion yuan, with a repurchase balance of 227.444 billion yuan, where March and June are peak repayment months.
Express News | Yuexiu Property : HSBC Cuts to Hold From Buy
The ranking of Real Estate companies in China based on delivery scale for 2024 has been released, with 8 companies delivering over 100,000 units.
On January 14, the Middle Finger Research Institute released the ranking of 2024 Real Estate companies' delivery scale in China.
From policy direction to market response: the 2025 Real Estate recovery and new opportunities in the ceramics Industry.
On September 26, 2024, the Central Politburo Meeting first proposed to "promote stabilization and recovery in the Real Estate market." This key decision sounded a strong policy note and became an important turning point for the Real Estate market in China.
Pan Gongsheng: The level of Real Estate transactions has improved, and research shows that residents' willingness to purchase homes is steadily increasing.
① Pan Gongsheng stated that recently the central government has further clarified that local government special Bonds can be used to recover idle stock land, acquire newly stored land, and purchase existing Commodity housing, which will accelerate the de-inventory process in the Real Estate market and stabilize the real estate market. ② According to the survey data released by the China Index Academy today, the willingness of residents to purchase homes has been stable with a slight increase recently; overall, most city markets are continuing to adopt a strategy of exchanging price for volume.
Hong Kong stocks morning report on January 13: USA employment data exceeds expectations, China Concept Stocks generally decline.
① The number of non-farm jobs in the USA increased by 256,000 in December, higher than market expectations. ② The yield on 30-year US Treasury bonds rose to 5%, reaching the highest level since November 2023. ③ The three major US stock index fell last Friday, with China Concept Stocks experiencing widespread declines. ④ The 18th ASIA FINANCIAL Forum will be held in Hong Kong. ⑤ The International Monetary Fund warns that Trump's tariff policy exacerbates Global economic uncertainty.
Last month, SUNNY OPTICAL's shipment of vehicle-mounted lenses increased by more than 30%. YUEXIU PROPERTY's sales in 2024 reached 114.5 billion yuan|Selected announcements from Hong Kong stocks on January 10.
① SUNNY OPTICAL saw over a 30% increase in vehicle lens shipments last month, what highlights are there in Business expansion? ② YUEXIU PROPERTY's sales revenue reached 114.5 billion yuan in 2024, what is the growth rate?
Yuexiu Property Logs 13.5 Billion Yuan in December 2024 Contracted Sales
YUEXIU PROPERTY (00123) has a cumulative contracted sales amount of approximately 114.54 billion yuan in 2024, a year-on-year decrease of about 19.4%.
YUEXIU PROPERTY (00123) announced that in December 2024, the company achieved contract sales (including joint ventures and associates...
Express News | Yuexiu Property - December Contracted Sales RMB13,511 Mln