SINO-OCEAN GP Stock Forum

$Hang Seng Index (800000.HK)$ climbed 303 points or 1.6% to 19,376 at midday. $Hang Seng China Enterprises Index (800100.HK)$ gained 122 points or 1.8% to 6,864. $Hang Seng TECH Index (800700.HK)$ hiked 42 points or 1.1% to 4,084. Total half-day turnover for the market amounted to $114.256 billion.
$TENCENT (00700.HK)$ 's 1Q24 non-IFRS net profit hiked 54% YoY, beating forecasts, and its share price advanced 4.2% to $397.8.
$BABA-SW (09988.HK)$ shed 2.4%...

$Hang Seng Index (800000.HK)$ slid 165 points or 0.9% to close at 18,313. $Hang Seng China Enterprises Index (800100.HK)$ fell 69 points or 1.1% to close at 6,456. $Hang Seng TECH Index (800700.HK)$ lost 50 points or 1.3% to close at 3,872. Total market turnover for the day amounted to $128.655 billion.
The sales volume of China's top 100 real estate companies fell 13% MoM in April. Chinese developers took the lead to decline. $KWG GROUP (01813.HK)$ and $AGILE GROUP (03383.HK)$ plummeted...

$BYD COMPANY (01211.HK)$ and $LI AUTO-W (02015.HK)$ escalating 4.4% and 5.8%, $LEAPMOTOR (09863.HK)$ and $XPENG-W (09868.HK)$ spiking more than 8%, and $NIO-SW (09866.HK)$ rallying 7.2%. Auto agent $ZHONGSHENG HLDG (00881.HK)$ hiked 6.5%.
Domestic property stocks remained sought after. $LONGFOR GROUP (00960.HK)$ , $CIFI HOLD GP (00884.HK)$ , $GREENTOWN CHINA (03900.HK)$ , $KWG GROUP (01813.HK)$ and $SUNAC (01918.HK)$ rocke...

The market watches the Central Economic Work Conference and the subsequent property market policy. Chinese developers took the lead to soar. $COUNTRY GARDEN (02007.HK)$ and $CIFI HOLD GP (00884.HK)$ spiked 8.2% and 11.1%, while $LONGFOR GROUP (00960.HK)$ , $CHINA RES LAND (01109.HK)$ , $SEAZEN (01030.HK)$ , $R&F PROPERTIES (02777.HK)$ and $SINO-OCEAN GP (03377.HK)$ shot up 4.8% to 5.9%. $SUNAC (01918.HK)$ slumped 6.1% after a Beijing court ruled that Sunac...

EV maker $BYD COMPANY (01211.HK)$ allied 2.5%, whereas $LI AUTO-W (02015.HK)$ , $NIO-SW (09866.HK)$ and $XPENG-W (09868.HK)$ shot up 6.8%-7.8%.
For Chinese property developers, $CHINA OVERSEAS (00688.HK)$ and $LONGFOR GROUP (00960.HK)$ spiked 3.5% and 4.7%. $CHINA RES LAND (01109.HK)$ swelled 2.6%. $SINO-OCEAN GP (03377.HK)$ , to convene fourth creditors' meeting tomorrow, intends to extend interest payment deadline to mid-November. Its shares open 4.9% higher at $0.43.

Chinese property developer $COUNTRY GARDEN (02007.HK)$ closed flat at $0.73 after reports that another US$15 million of interest on its overseas bonds is due.  $SINO-OCEAN GP (03377.HK)$ leaped 4.8% after a proposed grace period for interest payment on subordinated bonds of its subsidiary was extended to mid-December. $EVERGRANDE (03333.HK)$ shot up 3.6% after midday. $EVERG VEHICLE (00708.HK)$ jumped up nearly 39%.

Automakers $GEELY AUTO (00175.HK)$ , $BYD COMPANY (01211.HK)$ and $GWMOTOR (02333.HK)$ went down 1.3%-1.6%, while $XPENG-W (09868.HK)$ plunged 6.9% at $63.4. 
$EVERGRANDE (03333.HK)$ shot up 10% to $0.55 after Guangzhou became the first T1 city to officially announce the easing of purchase restrictions. Yet $YUEXIU PROPERTY (00123.HK)$ , $SINO-OCEAN GP (03377.HK)$ , $LONGFOR GROUP (00960.HK)$ , $SEAZEN (01030.HK)$ and $SUNAC (01918.HK)$ sank 1.7%-2.7%. $R&F PROPERTIES (02777.HK)$...

Hong Kong stocks waned in the morning along with the external market. $Hang Seng Index (800000.HK)$ opened 89 points lower and, after narrowing the loss to 61 points at 17,823 at the beginning of the morning session, widened the decline later to 234 points or 1.3%, closing at 17,651 for the half-day. $Hang Seng China Enterprises Index (800100.HK)$ descended 85 points or 1.4% to 6,096. $Hang Seng TECH Index (800700.HK)$ declined 84 points or 2.2% to 3,837. Total half-day turn...