This Alphabet Analyst Turns Bullish; Here Are Top 5 Downgrades For Wednesday
KE Holdings Raised to Buy From Neutral by B of A Securities
KE Holdings Price Target Raised to $28.00/Share From $24.00 by B of A Securities
KE Holdings Analyst Ratings
BofA Securities Maintains KE Holdings(BEKE.US) With Buy Rating, Maintains Target Price $28
BofA Securities Upgrades KE Holdings(BEKE.US) to Buy Rating, Raises Target Price to $28
Unusual Options Activity: MRK, W and Others Attract Market Bets, MRK V/OI Ratio Reaches 206.5
Ke Holdings (02423) rose 4.08% against the market. Institutions expect it to continue benefiting from bullish policy background and low base effects.
King&Capital News | KE Holdings (02423) rises against the market, as of the time of publication, up 4.08% to HK$57.45, with a turnover of 0.107 billion Hong Kong dollars. On the news front, HSBC Research stated that the sales of new properties in the domestic market have shown lasting resilience, and the sustained momentum is expected to surpass the impact of the May stimulus measures, with the rise in second-hand property transactions and the recovery of the land market serving as positive signals for market confidence improvement. The bank maintains a positive view on fourth-quarter property sales, believing it will continue to benefit from the bullish policy backdrop and the low base effect. UBS Group, on the other hand, expects KE Holdings' third-quarter revenue for the fiscal year 2024 to increase by 29% year-on-year, in line with guidance.
Express News | Shares of US-listed Chinese Stocks Are Trading Higher. The People's Bank of China Announced It Will Use Outright Reverse Repurchase Agreements to Enhance Liquidity Management, Which May Boost Investor Confidence and Boost China's Monetary Policy
US stock market anomaly | Real estate market warming up significantly, ke holdings (BEKE.US) rose more than 6%.
As of the time of publication, the stock has risen by over 6%, reaching $22.1.
Hong Kong stock concept tracking | Peking, Shenzhen real estate market volume hits new high, real estate sector policy effects may gradually emerge (with concept stocks)
Data from the China Real Estate Research Institute shows that as of the 26th of October, the number of second-hand residential housing transactions in Beijing has reached 12,979 units. It is expected that the total number of transactions in October will exceed 0.016 million units, reaching a new high in 19 months; the actual transaction volume is expected to reach 0.025 million units, the highest in the same period in 8 years.
Hong Kong stocks unusual movement | Ke Holdings-W (02423) rose more than 4%, new and second-hand housing sales significantly rebounded, institutions bullish on the company's profit potential to rise.
Ke Holdings-W (02423) rose more than 4%, as of the deadline, up 4.08%, trading at 54.8 Hong Kong dollars, with a turnover of 89.9518 million Hong Kong dollars.
How does Lianjia in Peking accurately break through the pain points of second-hand housing transactions?
For the Chinese people, property can be said to be the cornerstone of life, as it is not only a living space but also an important part of family wealth. In this sense, the buying and selling of real estate is not just a simple transfer of assets, but more likely a significant decision that affects the future quality of family life. Therefore, the real estate trade, which involves significant financial transactions, has always been a focus of social attention. In this process, ensuring the security of transactions, improving transaction efficiency, and optimizing the transaction experience have become key areas for real estate brokerage services to focus on. Recently, Peking Lianjia has launched a signing service center, targeting consumers in the real estate sector.
Unusual Options Activity: NEM, DECK and Others Attract Market Bets, NEM V/OI Ratio Reaches 137.5
Unusual Options Activity: ACI, TAL and Others Attract Market Bets, ACI V/OI Ratio Reaches 625.0
China's Latest Property-Sector Boost May Not Last Longer Than 2 Months
Hong Kong stocks morning report on October 18th: European Central Bank cuts interest rates by 25 basis points, with most popular China concept stocks experiencing declines.
①The European Central Bank announced a 25 basis point rate cut. ②US retail sales data for September exceeded market expectations. ③The three major US stock indexes fluctuated last night, with most popular China concept stocks falling. ④Spot gold, COMEX gold futures both hit historic highs. ⑤Israel confirms Hamas leader Sinwar was killed.
Top Gap Ups and Downs on Thursday: TSM, BX, ELV and More
US stocks close: The three major indexes move in different directions, with the Dow Jones continuing to hit new historical highs, and Taiwan Semiconductor surging nearly 10%.
1. Many popular China concept stocks fell, with the Nasdaq China Golden Dragon Index dropping by 3.61%; 2. Meta collaborates with Hollywood's Blumhouse to develop an AI movie generation model; 3. Is "Optimus Prime" a marketing gimmick? Tesla's official release video attempts to respond to doubts; 4. Nvidia hit a new intraday high, but the closing gain narrowed to 0.89%.
U.S. stock market anomaly | nasdaq china golden dragon index's decline expands to 3%, ke holdings (BEKE.US) drops more than 11%
On Thursday, the Nasdaq China Golden Dragon Index fell by 3%, retracting 16% from this month's high point.