Trending Industry Today: LONGFOR GROUP Leads Gains In China Mainland Real Estate Stocks
Hong Kong stocks fluctuated | Mainland Real Estate continued to rise in the afternoon. Guangdong Province was the first to issue special bonds to purchase existing land, and Institutions expect that the land reserve progress will accelerate.
Mainland Real Estate continued to rise in the afternoon. As of this report, SHIMAO GROUP (00813) rose by 30.34%, reported at 1.16 HKD; CIFI (00884) rose by 14%, reported at 0.285 HKD; LONGFOR GROUP (00960) rose by 11.07%, reported at 11.24 HKD; SUNAC (01918) rose by 10.15%, reported at 2.17 HKD.
Trending Industry Today: SUNAC Leads Gains In China Mainland Real Estate Stocks
Hong Kong Stock Midday Review | Hang Seng Index dropped by 0.55% in the morning session, while real estate stocks rose against the trend, and Concept stocks related to CRO had the largest declines.
The Hong Kong Hang Seng Index fell 0.55%, closing at 23,348.82 points, with a morning turnover of 231.157 billion HKD; the Hang Seng TECH Index decreased by 1.44%.
The Central Plains Valuation Index (main Banks) CVI latest reported at 41.26 points, falling for two consecutive weeks, reaching the lowest since the policy report in October last year.
Yang Mingyi, Senior Co-Director of the Research Department of Central Plains Real Estate, pointed out that the latest CVI this week reported 41.26 points, a decrease of 1.92 points from last week's 43.18 points.
The LPR Quote for February is out! The one-year and five-year rates remain unchanged.
The 1-year LPR is 3.1%, and the 5-year LPR is 3.6%, both unchanged from the previous values.
China's Residential Prices Pick Up In January
Hong Kong stocks are moving oddly | Mainland Real Estate shares rose broadly today as housing prices in first-tier cities continued to increase month-on-month. Institutions suggest paying attention to the performance of the real estate market in March.
Mainland Real Estate stocks have all risen. As of the time of reporting, SUNAC (01918) is up by 4.28%, trading at 1.95 HKD; CHINA VANKE (02202) is up by 3.63%, trading at 6 HKD; and CHINA OVERSEAS (00688) is up by 3.39%, trading at 14.02 HKD.
Kerry Research: The Real Estate market is still in the "stabilization phase after a decline" with resilience remaining in first-tier cities.
According to CRIC Real Estate Research, the current Real Estate market is still in the "stabilization" phase, with expected year-on-year positive growth in February for both new and second-hand home transactions, and first-tier cities still show resilience.
Zhongzhi Research Institute: It is expected that the transaction Volume of the second-hand housing market will rebound after the holiday.
According to a publication by the Central Finger Research Institute, based on the REAL ESTATE INDEX system's price index for 100 cities in China, in January 2025, the average price of second-hand Residences in 100 cities fell by 0.51% month-on-month and decreased by 7.22% year-on-year.
【Industry Trends】Eight departments issued documents to promote the high-quality development of the New energy Fund manufacturing industry; in January, the production and sales of Autos increased by nearly 30% year-on-year.
Eight departments issued a document to promote the high-quality development of the new energy storage manufacturing industry. According to the Ministry of Industry and Information Technology, the Ministry of Industry and Information Technology and seven other departments recently jointly issued the "Action Plan for the High-Quality Development of the New Energy Storage Manufacturing Industry," proposing that by 2027, China's new energy storage manufacturing industry will prominently show its international competitive advantages across the entire chain, the advantageous enterprises will further grow into a tiered structure, and the industry’s innovation capability and overall competitiveness will significantly improve, achieving high-end, Asia Vets, and green development. A relevant person in charge of the Department of Electronic Information of the Ministry of Industry and Information Technology introduced that the new energy storage manufacturing industry mainly focuses on new Battery and various types of ne
Trending Industry Today: SUNAC Leads Losses In Top Gainers Yesterday Stocks
Stock market fluctuations | Mainland Real Estate stocks fell back at the end of trading, with the total sales of the top 100 real estate companies in January dropping by 16.5%. Institutions say the sustainability of market recovery remains to be verified.
As of the time of this report, Mainland Real Estate stocks fell in the afternoon trading session, with RONSHINECHINA (03301) down 13.89% at HKD 0.31; R&F PROPERTIES (02777) down 6.99% at HKD 1.33; SUNAC (01918) down 7.39% at HKD 1.88; and SEAZEN (01030) down 2.15% at HKD 1.82.
[Brokerage Focus] China Securities Co.,Ltd. indicates that the housing market will continue to stabilize during the Spring Festival and remains Bullish on the overall performance of the real estate Sector.
Jingwu Finance News | China Securities Co.,Ltd. stated that the transaction area of new and second-hand houses in key cities during the Spring Festival has increased compared to the same period last year. From the Spring Festival to now (January 29 to February 7, from the first to the tenth day of the first lunar month), the transaction area of new houses in 29 key cities reached 0.539 million square meters, a growth of 63.4% compared to the same period last year. In terms of second-hand houses, the transaction area in 13 sample cities has been 0.555 million square meters since the Spring Festival, which is an increase of 80.1% compared to the same lunar calendar period last year. The newly added supply of land in 100 cities has decreased both month-on-month and year-on-year. This week, 1.034 million square meters of residential land was newly added in 100 cities, a month-on-month decrease of 81.7% and a year-on-year decrease of 78.9%. The bank pointed out that the real estate market continued to stabilize du
Trending Industry Today: CHINA VANKE Leads Gains In China Mainland Real Estate Stocks
Galaxy Securities: The policy signals from local two sessions are positive and are expected to boost demand for non-ferrous metals.
Galaxy Securities stated that accelerated investment in Infrastructure, the continued trade-in of consumer goods, and the stabilization of the Real Estate market will drive an increase in demand for Copper, Aluminum, and other Nonferrous Metals, supporting the rise in prices of Nonferrous Metals Commodities.
Hong Kong Property: In January, the registration volume of second-hand Residences exceeding 10 million Hong Kong dollars accounted for the highest proportion in 7 months.
According to Wang Pindi, Director of the Research Department of Hong Kong Property, data from the Land Registry shows that in January, there were 3,091 registrations for second-hand Residences in Hong Kong (including second-hand private residences and second-hand public housing), a decrease of about 12.5% compared to 3,534 in December of last year; among them, there were 357 registrations for second-hand Residences priced over 10 million Hong Kong dollars, a decrease of about 5.6% compared to 378 in December of last year, and the month-on-month decline was less than that of the overall market.
Hong Kong Stock Morning Report on February 10: The Hong Kong Stock Exchange is consulting on the reform of the new stock pricing mechanism. Silver Securities expects the Hang Seng Index to rise and fluctuate.
① The Hong Kong Stock Exchange is consulting on reforming the new stock pricing mechanism and requirements. ② The Hong Kong Monetary Authority has launched a 100 billion yuan trade financing liquidity arrangement. ③ Galaxy Securities expects Hong Kong stocks to experience fluctuations upward. ④ Guangzhou Automobile Group's automobile sales in January decreased by over 25% year-on-year.
Zhongzhizhong Research Institute: In January, the sales scale of new and second-hand houses in key cities decreased both month-on-month and year-on-year.
On February 10th, the China Index Academy announced that the transaction area of new houses in 30 cities on January decreased by 52.2% month-on-month and 11.7% year-on-year.
Hong Kong Stock Announcement Gold Mining | IGG expects to achieve a net income of approximately 0.58 billion Hong Kong dollars in the year 2024, a significant year-on-year increase of about 700%.
ND PAPER (02689) issued a positive profit alert, expecting mid-term Net income of 0.65 billion to 0.7 billion yuan, a year-on-year increase of 110% to 130%; MEITU (01357) issued a positive profit alert, expecting a year-on-year increase of about 52% to 60% in the fiscal year 2024's Net income attributable to the parent company.