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港股异动 | 物管股随内房股回落 短期舆情扰动市场 地产板块对物业负反馈已近尾声

Changes in Hong Kong stocks | Property management stocks fall with domestic housing stocks, short-term public opinion disrupts the market, and the real estate sector's negative feedback on property is nearing its end

Zhitong Finance ·  11/09/2023 15:22

Property management stocks declined with domestic housing stocks today. As of press release, Hejing Youhuo (03913) fell 7.27% to HK$0.51; Country Garden Services (06098) fell 6.58% to HK$7.24; Sunac Services (01516) fell 6.22% to HK$2.11; and Xinchengyue Services (01755) fell 5.22% to HK$3.81.

The Zhitong Finance App learned that property management stocks fell along with domestic housing stocks today. As of press release, Hejing Youhuo (03913) fell 7.27% to HK$0.51; Country Garden Services (06098) fell 6.58% to HK$7.24; Sunac Services (01516) fell 6.22% to HK$2.11; and Xinchengyue Services (01755) fell 5.22% to HK$3.81.

CITIC Securities pointed out that credit risk in the real estate bond market has been repeated since 2023, while public opinion of mixed housing enterprises in October further disrupted the market. All in all, the darkest hour of real estate risk is over. Zheshang Securities said earlier that as the market anticipates that private enterprises with a high probability of debt default risk have gone out of insurance one after another, large private enterprises that have had a large impact on the industry have all been insured, and the impact of the remaining private enterprises that may be at risk is limited compared to that, and the negative feedback impact of the real estate sector on property is nearing its end.

CICC, on the other hand, believes that considering that the valuations of prudent real estate companies are at the bottom, and the average compound growth rate of net profit for the next one to two years is still expected to fall within the 20-30% range, if the overall financial pressure on Hong Kong stocks eases and risk appetite rises, then the relevant companies may record relative elasticity in their expectations.

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