No Data
No Data
China Boosts Credit to Shore up Property Market
What happened? Sunac plummeted more than 18%, leading the real estate stocks.
1. Why did sunac's stock price plummet? 2. How do institutions view the future real estate market?
Mainland real estate stocks plunged sharply in the short term, sunac (01918) fell by 17.86%. The heavyweight meeting did not announce the new policy taking effect, and the meeting expectations fell through.
Golden Finance News | Mainland real estate stocks plunge in the short term. As of the time of publication, Sunac (01918) dropped by 17.86%, r&f properties (02777) by 9.55%, shimao group (00813) by 9.3%, Zhongliang Hldg (02772) by 9.26%, China Vanke (02202) by 8.4%. On the news front, leaders from five departments attended the State Council Information Office press conference. Minister of Housing and Urban-Rural Development Ni Hong stated that by the end of the year, the Credit risk of "white list" projects will increase to 4 trillion yuan. All qualified projects should be included in the "white list" and efforts should be made to achieve this. Additionally, Ni Hong mentioned that they will promote this through trade...
Hong Kong stocks fluctuate | sunac(01918) rights issue drags down mainland real estate shares, real estate market conference to be held soon. Institutions say future policies will focus on stabilizing the real estate market.
Mainland real estate stocks fell across the board in the morning session. As of the time of publication, sunac (01918) fell by 13.96% to HK$2.65; r&f properties (02777) fell by 8.04% to HK$1.83; china vanke (02202) fell by 7.52% to HK$7.38; seazen (01030) fell by 4.07% to HK$2.36.
HK stocks anomaly | Sunac (01918) opened nearly 15% lower, proposing a discount of about 19.97% for the sale of up to 0.489 billion shares, prioritizing existing shareholders before new ones.
Sunac (01918) opened nearly 15% lower, as of the time of writing, it dropped by 14.94%, closing at 2.62 Hong Kong dollars, with a turnover of 1.291 billion Hong Kong dollars.
Express News | Shares of Chinese Property Group Sunac Set to Open Down 14.9%
No Data
No Data