SUNAC SERVICES Stock Forum

RONSHINE CHINA FALLS APPROXIMATELY 31%, SUNAC CHINA DROPS AROUND 25%, AND CHINA VANKE DECLINES ABOUT 14%.
HANG SENG INDEX TURNS NEGATIVE AFTER PREVIOUSLY RISING OVER 2%; HANG SENG TECH INDEX NARROWS GAINS TO 0.36%.
$RONSHINECHINA (03301.HK)$ $SUNAC (01918.HK)$ $KAISA GROUP (01638.HK)$ $SHIMAO GROUP (00813.HK)$ $CHINA VANKE (02202.HK)$ $SINO-OCEAN GP (03377.HK)$ $CIFI HOLD GP (00884.HK)$ $CHINA AOYUAN (03883.HK)$ $SEAZEN (01030.HK)$ $ZHENRO PPT (06158.HK)$ $AGILE GROUP (03383.HK)$ $LONGFOR GROUP (00960.HK)$ $LOGAN GROUP (03380.HK)$ $KWG GROUP (01813.HK)$ $POWERLONG (01238.HK)$ $CHINA JINMAO (00817.HK)$ $TIMES CHINA (01233.HK)$ $SUNAC SERVICES (01516.HK)$ $POWERLONG CM (09909.HK)$ $CG SERVICES (06098.HK)$ $S-ENJOY SERVICE (01755.HK)$

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%.
$SHIMAO GROUP (00813.HK)$ $EVERGRANDE (03333.HK)$ $AGILE GROUP (03383.HK)$ $LONGFOR GROUP (00960.HK)$ $SUNAC (01918.HK)$ $CHINA VANKE (02202.HK)$ $SUNAC SERVICES (01516.HK)$ $KWG GROUP (01813.HK)$ $COUNTRY GARDEN (02007.HK)$

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
$CHINA VANKE (02202.HK)$ $VANKE OVERSEAS (01036.HK)$ $CHINA VA POFF-D (44012.HK)$ $SUNAC (01918.HK)$ $SUNAC SERVICES (01516.HK)$ $COUNTRY GARDEN (02007.HK)$

Sunac China: On 13 Nov, Morgan Stanley agreed to place 335 million Placing Shares at a price of HK$15.18 per Share on behalf Sunac. Controlling shareholder Sun Hongbin has provided out of his own funds US$450 million to the Group (in the form of interest-free loan) to support the continuous business development of the Group.
$SUNAC (01918.HK)$
$SUNAC SERVICES (01516.HK)$