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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.
Cui Nyonya Kueh :
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Buy n Die Together❤ :
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