02202 CHINA VANKE
- 3.940
- +0.150+3.96%
CHINA VANKE News
Housing retirement funds have stirred up a thousand waves, with a total of over a trillion yuan accumulated for residential special maintenance funds over 20 years. Banks say the overall utilization rate of special funds is not high.
①The focus of the pilot is for the government to establish public accounts, which do not require lbx pharmacy chain joint stock to contribute money; ②Several institutions have indicated that they have not yet received information regarding the reform of the housing retirement pension system and maintenance fund; ③In the past 20 years, when new houses were delivered, they were required to pay a maintenance fund. Each house has a special account in the banks, and the funds are rolled over based on current deposits, usually initiated by the owners.
Mainland real estate stocks generally rose, with 22 cities launching pilot projects for housing retirement funds, and successful land acquisition and storage in Fuzhou and wuhan.
On August 26th, mainland real estate stocks (LIST1234.HK) rose in early trading. As of the time of writing, Shimao Group (00813.HK) rose 5% to HKD 0.63; Greentown China (03900.HK) rose 4.49% to HKD 5.82; Seazen (01030.HK) rose 3.47% to HKD 1.49; China Vanke (02202.HK) rose 3.17% to HKD 3.91. Market source: Futubull. In terms of news, on August 23rd, Deputy Minister of Housing and Urban-Rural Development, Dong Jian
Hong Kong stock concept tracking | Over 80 cities support state-owned enterprises and others to acquire existing houses, institutions are bullish on investment opportunities related to the "good housing" industry (concept stocks attached)
As of now, more than 80 cities have announced their support for state-owned platform enterprises to acquire commodity housing for the purpose of affordable housing, resettlement housing, talent housing, and turnover housing.
Wanwu Cloud's full-year performance guidance: The core net income decrease is expected to remain flat or slightly decrease by 5% compared to the first half of the year.
On the morning of August 23, Wanwu Cloud held its mid-term performance conference for 2024. Regarding the company's full-year performance guidance, Wanwu Cloud's deputy general manager, Ye Fei, stated that the first half of the year reflected the business foundation of the company's core net income, and the annual target is to remain flat or slightly decrease by 5% compared to the first half of the year. According to the financial report data, Wanwu Cloud's net income for the first half of the year was 0.804 billion yuan, a decrease of 23.4% compared to the same period last year, and the core net income was 1.2 billion yuan, a decrease of 2.7% year-on-year. The management of Wanwu Cloud stated that in the second half of the year, the company will further proactively reduce related transactions with Vanke, and discuss with Vanke to reduce accounts receivable through the use of operating assets as collateral.
Wanwu Yun responds to the increase in Vanke's accounts receivable: it is not possible to cut off the relationship abruptly after years of integration.
On the morning of August 23, at the 2024 mid-term performance conference of OmniCloud, Chairman Zhu Baoquan of OmniCloud mentioned the increase in accounts receivable from its affiliated company Vanke. Vanke holds a 56% equity stake in OmniCloud and for Vanke, OmniCloud is a very important asset. The value of OmniCloud is crucial to Vanke. Zhu Baoquan said, 'Running a company is emotional. OmniCloud is the child raised by Vanke. The relationship between the two has been harmonious for over 30 years. It is impossible to sever the relationship abruptly. We need to gradually address the issues based on rationality and step by step. Vanke and OmniCloud have had very frequent dialogues. OmniCloud management'
Hong Kong stocks closed on 08.22, with the Hang Seng Index rising 1.44%. Network technology stocks performed strongly, with Xiaomi Corporation-W (01810) surging 9% after its financial results.
Hong Kong's three main indices rebounded today, with the gains further expanding in the afternoon. Hang Seng Index performed the best, closing up more than 2%.
Hong Kong stocks fluctuate | Mainland real estate stocks continue to decline, with a large number of real estate companies still incurring losses in the first half of the year. The market continues to face downward pressure on both volume and price.
Mainland real estate continued to decline. As of the time of publication, Zhongliang Hldg (02772) fell by 7.07% to HK$0.092; Yuexiu Property (00123) fell by 3.57% to HK$4.05; Seazen (01030) fell by 2.74% to HK$1.42.
Hong Kong stock concept tracking | The 'white list' of real estate has obtained nearly 1.4 trillion yuan in financing approval. Institutions are bullish on low-leverage leading enterprises (with concept stocks).
Nearly 1.4 trillion yuan financing approved! Precisely support real estate "white list" projects.
China Vanke (02202): Beijing Wanjin provides guarantees for the relevant matters of its wholly-owned subsidiary.
China Vanke (02202) announced that, to meet operational needs, its wholly-owned subsidiary Peking Vanke Enterprise Co., Ltd...
Hong Kong stocks fluctuate | Mainland real estate stocks continue to decline, most real estate companies face significant losses in the first half of the year, and market heat may still remain low.
Mainland real estate stocks continue to decline. As of press time, Sunac (01918) fell 3.96% to HKD 0.97, Shimao Group (00813) fell 3.23% to HKD 0.6, and Sino-Ocean Group (03377) fell 3.23% to HKD 0.3.
Hong Kong stocks fluctuate | Mainland real estate stocks generally weaken, August housing market heat is expected to remain low, and new house prices may continue to fall.
Mainland real estate stocks are generally weak. As of press time, Shimao Group (00813) fell by 3.08% to HKD 0.63; Zhongliang Holdings (02772) fell by 3% to HKD 0.097; Yuexiu Property (00123) fell by 2.96% to HKD 4.26.
TF Securities research: Real estate industry faces both the 'reversal of difficulties' and the 'policy game' logic.
After the "517 New Policy", the real estate market's confidence has stabilized and the expected price decline has improved. However, the market's overall price expectation is still weak.
Tianfeng Securities: Real estate dilemma reversed, policy games running in parallel, focusing on three directions.
In the second half of 2024, as the basic accounting effect gradually fades, the decline in sales of new and second-hand homes is expected to further narrow, and the market is expected to stabilize gradually, with a low probability of a second decline.
Retail Investors Among China Vanke Co., Ltd.'s (SZSE:000002) Largest Stockholders and Were Hit After Last Week's 5.3% Price Drop
China Vanke Co. Schedules Financial Review Meeting
China Vanke (02202.HK) plans to hold a board of directors meeting on August 30 to approve the mid-term performance.
China Vanke (02202.HK) announced that the board of directors will hold a meeting on Friday, August 30, 2024 to consider and approve the mid-term performance and its release by the company and its subsidiaries for the period ending June 30, 2024.
CHINA VANKE: DATE OF BOARD MEETING
Vanke plans to jointly establish CITIC Vanke Consumer Infrastructure Fund for the acquisition of Peking Old Palace Vanke Square and Shenzhen Longgang Vanke Square.
China Vanke Co., Ltd. announcement, recently, its subsidiary Hainan Wan Juying Tong Enterprise Management Co., Ltd...
Express News | Moody's: China Vanke Downgrades & Negative Outlooks Reflect Expectation That China Vanke's Credit Metrics Will Weaken Over Next 6-12 Months
China Vanke Co., Ltd. (000002.SZ) plans to cooperate with professional investment institutions to invest in funds for the acquisition of assets of Beijing Peking Vanke Plaza and Shenzhen Longgang Vanke Plaza.
On August 13th, Gelonhui reported that China Vanke Co., Ltd. (000002.SZ) announced that its subsidiary, Hainan Wanju Yingtong Enterprise Management Co., Ltd., Shenzhen Vanke Development Co., Ltd., and Citic Goldstone Fund Management Co., Ltd. (referred to as 'Citic Goldstone', one of the general partners), Citic Securities Investment Co., Ltd. (one of the limited partners), and Taikang Life Insurance Co., Ltd. (one of the limited partners) jointly signed the 'Wanxin Goldstone (Nanjing) Business Investment Partnership Enterprise (Limited Partnership) Limited Partnership Agreement' to jointly invest in the establishment of 'Wanxin Goldstone (Nanjing) Business Investment Partnership Enterprise (Limited Partnership)' (referred to as 'CITIC').
Analysis
Price Target
No Data
