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[Special Guest Star] Deng Shengxing: Trump's victory leads bitcoin to break its record high. It is recommended to pay attention to bitcoin concept stocks.
Kinwocai Newsletter | Hang Seng closed at 20426 on Monday (11th), down 301 points or 1.45%; total market turnover was 234.3 billion yuan for the day. The Nasdaq fell by 1.4%, closing at 7355; the Technology Index closed down by 0.4%, at 4651. Mainland real estate stocks experienced selling pressure following the disappointing market rescue measures announced last week. Vanke (02202) reported a 33% drop in sales revenue in October, with a 6.1% drop in stock price; China Overseas Land & Investment (00688) dropped by 4.4%; Bitcoin broke through the $0.08 million mark to reach a new high, with related ETFs soaring. Samsung Bitcoin (03135) surged by 6.6%; the Dow closed on Monday(11
This year, the cumulative issuance of real estate bonds decreased by 20% year-on-year, indicating a possible policy turning point.
Tail risk mitigation, configuration plate can seize the secondary securities selection opportunity.
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Support for the upcoming real estate tax policy, however, mainland real estate stocks collectively weakened. Shimao Group (00813) fell by 9.21%.
Jingu Financial News | Mainland real estate stocks collectively weakened, as of the time of publication, Shimao Group (00813) fell by 9.21%, Sunac (01918) and Agile Group (03383) fell by 8.26%, China Vanke (02202) fell by 6.38%, Longfor Group (00960) fell by 5.54%. On the news front, the People's Bank of China released the third quarter of 2024 China mmf policy implementation report, focusing on promoting incremental policies in real estate finance to take effect, guiding financial institutions to strengthen financial support, meeting the rigid and diversified housing needs of urban and rural residents, actively supporting the acquisition of existing stock.
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