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Hong Kong stock concept tracking | Hong Kong is expected to reverse the long-standing real estate downturn, with a large increase in real estate transaction volume bullish for intermediaries (including concept stocks)
In 2025, the hot real estate market in Asia may collectively heat up.
Zhitong FinanceNov 21 21:57 ET
Hong Kong Stocks Continue to Rise on Vice-Premier Pledge to Boost City's Economy, Year-on-year Increase in Country's Fiscal Revenue
MT NewswiresNov 19 03:48 ET
Country Garden Services Launches Share Buyback Plan, Incentive Scheme
MT NewswiresNov 19 03:15 ET
cg services rose over 7% in early trading, planning to buy back up to 0.334 billion shares.
cg services (06098) opened high by nearly 10% in the morning trading session. As of the time of publication, the stock price has risen by 6.94% to HK$5.70, with a turnover of HK$68.6368 million. cg services announced that, depending on market conditions, it will repurchase no more than 0.334 billion shares on the open market, accounting for 10% of the total share capital. The repurchased shares will be used as treasury shares for adoption in the share incentive plan or cancellation.
Sina Hong Kong StocksNov 18 20:41 ET
Hong Kong stocks morning report on November 19: Hong Kong Exchanges and Clearing is preparing various optimization measures for mutual market access. Goldman Sachs predicts a 15% increase in the MSCI China Index by 2025.
① The Hong Kong Stock Exchange stated that it is preparing multiple optimization measures for mutual connectivity. ② S.F. Holding plans to issue 0.17 billion H shares through an IPO in Hong Kong. ③ Goldman Sachs expects the MSCI Chinese Index to rise by 15% by 2025. ④ Xiaomi's revenue in the third quarter increased by approximately 30% year-on-year.
cls.cnNov 18 19:01 ET
Country Garden Services to Finance Share Repurchase via Internal Resources
Dow JonesNov 18 16:51 ET

Comments

Spinee

Oct 18 02:47

1⃣ China's Jan-Sept realestate development investment fell by 10.1% y/y to 7.87 trillion yuan.
2⃣Residential housing sales areas decline narrowed to -17.1% y/y at 703 million square meters, and the total sales down by 22.7% y/y to 6.89 trillion yuan. (narrowed)
3⃣Developing funds in place down 20.0% y/y(narrowed) to 7.89 trillion yuan.
4️⃣Sentiment 92.41
$LONGFOR GROUP (00960.HK)$ $CG SERVICES (06098.HK)$ $AGILE GROUP (03383.HK)$ $EVERGRANDE (03333.HK)$

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Officials say the real estate market is bottoming out. What’s your view on China's property market?

6

Spinee

Oct 17 22:12

The consistent MoM decline in property prices is why Beijing is pushing supportive policies.

I’d be worried if the rate of decline does not significantly lessen in October given the reports of a more active buyer market since the National Day holiday.
ALL CHINA SEPT NEW HOME PRICES -0.7% M/M (AUG -0.7%), -5.8% Y/Y (AUG -5.3%). STABILIZED M/M, WITH Y/Y DECLINES WIDENING.
HOME PRICES FELL M/M IN 66 OF 70 CITIES VS. 67 IN AUG, FELL Y/Y IN 68 CITIES, VS 68 IN AUG.
$CG SERVICES (06098.HK)$ $LONGFOR GROUP (00960.HK)$ $EVERGRANDE (03333.HK)$ $AGILE GROUP (03383.HK)$

Officials say the real estate market is bottoming out. What’s your view on China's property market?

2

Spinee

Oct 17 07:24

When this property “white list” initiative was launched at the start of the year, it was being downplayed as a failed policy by mainstream media.

Today, it appears it has been successful based on the amount of approved loans made - DOUBLE the original budget. And now, Beijing is boosting that original budget by almost 3X to 4 trillion yuan.
Seems as if a recovery was already starting to take form underneath the surface. Now, they are addressing the demand side with lower mortgage rates, easier ...

Officials say the real estate market is bottoming out. What’s your view on China's property market?

3

Spinee

Oct 17 02:37

HK-LISTED PROPERTY DEVELOPERS ARE DECLINING AMID THE $CHINA BRIEFING.

RONSHINE CHINA FALLS APPROXIMATELY 31%, SUNAC CHINA DROPS AROUND 25%, AND CHINA VANKE DECLINES ABOUT 14%.
HANG SENG INDEX TURNS NEGATIVE AFTER PREVIOUSLY RISING OVER 2%; HANG SENG TECH INDEX NARROWS GAINS TO 0.36%.
$RONSHINECHINA (03301.HK)$ $SUNAC (01918.HK)$ $KAISA GROUP (01638.HK)$ $SHIMAO GROUP (00813.HK)$ $CHINA VANKE (02202.HK)$ $SINO-OCEAN GP (03377.HK)$ $CIFI HOLD GP (00884.HK)$ $CHINA AOYUAN (03883.HK)$ $SEAZEN (01030.HK)$ $ZHENRO PPT (06158.HK)$ $AGILE GROUP (03383.HK)$ $LONGFOR GROUP (00960.HK)$ $LOGAN GROUP (03380.HK)$ $KWG GROUP (01813.HK)$ $POWERLONG (01238.HK)$ $CHINA JINMAO (00817.HK)$ $TIMES CHINA (01233.HK)$ $SUNAC SERVICES (01516.HK)$ $POWERLONG CM (09909.HK)$ $CG SERVICES (06098.HK)$ $S-ENJOY SERVICE (01755.HK)$

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Officials say the real estate market is bottoming out. What’s your view on China's property market?

3

Spinee

Oct 17 02:05

Key points from China's Thursday briefing

1) Renovation of 1 million urban villages and dilapidated buildings:
Focused on supporting cities at the prefecture level and above.
Development and policy-oriented financial institutions will provide special loans.
Local governments will be allowed to issue special bonds.
Tax and fee incentives will be offered.
Commercial banks will issue loans based on evaluations.
2) Increase in credit for "white-listed" projects to 4 trillion yuan by year-en...

Spinee: 中国的MOHRD、PBOC和NFRA将于10月17日举行关于房地产市场的新闻发布会。

Officials say the real estate market is bottoming out. What’s your view on China's property market?

5

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