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Hong Kong stocks are moving unusually | Property management stocks are rising alongside Mainland Real Estate stocks, leading property management companies are continuously expanding their scale, and the Industry is evolving towards Business collaboration
Property management stocks rose along with Mainland Real Estate stocks. As of the time of writing, Wanwu Cloud (02602) increased by 7.21%, trading at 23.05 Hong Kong dollars; EVERG SERVICES (06666) rose by 6.76%, trading at 0.79 Hong Kong dollars; CHINA OVS PPT (02669) increased by 6.12%, trading at 5.03 Hong Kong dollars; CHINA RES MIXC (01209) rose by 5.38%, trading at 31.35 Hong Kong dollars.
MSCI Global Small Cap Index adjustment: includes Yuan Ran Agriculture (09858), JF SMARTINVEST (09636) and excludes SOHO CHINA (00410) and others.
On February 12, MSCI announced the results of the February Index review, with adjustments taking effect after the market closes on February 28.
China Vanke Obtains 2.8 Billion Yuan Loan From Substantial Shareholder
CHINA VANKE has received a loan of not more than 2.8 billion yuan from Shenzhen Metro Group.
CHINA VANKE (02202) announced that on February 10, 2025 (after trading hours), the company entered into a loan agreement with its major shareholder, Shenzhen Metro Group. According to this agreement, Shenzhen Metro Group agrees to provide the company with a loan of no more than RMB 2.8 billion, and the company must provide collateral in the form of assets valued at no more than RMB 4 billion, with Shenzhen Metro Group as the beneficiary, as security for the loan agreement. On the same day (after trading hours), both parties further entered into an agreement regarding the company's holding of a total of 211,530,417 shares of Wanwu Cloud (based on the average market price of Wanwu Cloud shares over the past 30 trading days.
[Brokerage Focus] CIB International expects the growth rate of new home sales in mainland China to decline by 11% this year, while the transaction amount of second-hand houses is expected to increase by 5%.
Goldengates Financial News | According to a research report from CMB International, the contract sales amount of the top 10 real estate companies in the mainland fell by 1.5% year-on-year in January, with a reduction in new supply. The firm expects the annual growth rate of new home sales to decline by 11% to 7 trillion yuan in 2025, while the transaction amount of second-hand homes is expected to increase by 5% to reach 7.5 trillion yuan, officially surpassing new homes to become the dominant market in the Industry. In terms of stock selection, the firm suggests focusing on symbols with strong business operation capabilities such as CHINA RES LAND (01109) and LONGFOR GROUP (00960), as development continues to shrink, and the Retail Trade business has better risk resilience. When signs of economic stabilization appear, the Retail Trade business performs better than development.
Hong Kong stocks are moving differently | Property management stocks are rising along with Mainland Real Estate stocks. Several real estate companies have made new progress in their debt restructuring. Morgan Stanley expects the property management Indust
Property management stocks rose alongside Mainland Real Estate stocks. As of the time of publication, Wanwu Cloud (02602) increased by 7.3% to HKD 22.05; CG SERVICES (06098) rose by 6.71% to HKD 5.41; CHINA RES MIXC (01209) was up 4.28% to HKD 30.45; SUNAC SERVICES (01516) increased by 3.87% to HKD 1.61.
