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Channels: There are signs that the impact of the withdrawal of hot measures in Hong Kong is slowing down, and it is expected to affect the performance of mortgage and insurance in the third quarter.
According to the report from The Intelligent Finance and Economics App, on June 12th, Cao Deming, the vice president of Jieluo Mortgage Brokerage, stated that the Hong Kong property market saw a brief rebound in transactions after the removal of the stamp duty. Coupled with new buyers gradually moving into properties purchased earlier this year, the demand for new mortgages has significantly increased.
Prominent stock commentator Ye Shangzhi: Hot stocks collectively give back gains, market sentiment cools down.
On June 11, the Hong Kong stock market continued its consolidation trend after the Dragon Boat Festival holiday. Recently, hot sectors have collectively seen large-scale pullbacks, and with the Fed's interest rate meeting coming up this week, it is believed to be a factor affecting market sentiment. The Hang Seng Index fell for the second consecutive day, dropping by 190 points to close below 18,200 points, the lowest closing price since June. We should be wary of further selling pressure in the market. In terms of trend, initial resistance for the Hang Seng Index has been established at the 18,500 point level, and it is advisable to quickly return to that level to reverse the weak selling momentum. Otherwise, as we previously pointed out, there may be short to medium-term
Ricard Court: Hong Kong property prices rose for two consecutive months, and the increase narrowed markedly in April
The Zhitong Finance App learned that Chen Haichao, head of the research department of Li JiaGe Real Estate, said that Hong Kong property prices rose for two months, reflecting the effect of removing spiciness. However, the increase narrowed significantly in April, dragged down by new listings being sold at low prices, making it difficult for second-hand owners to continue to harden their prices. Some anxious landlords may need to cut prices accordingly, putting pressure on second-hand property prices;
New World Development Company Limited's (HKG:17) Stock Price Dropped 6.6% Last Week; Private Companies Would Not Be Happy
Key Insights New World Development's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public 51% of the business is held by the
New Times Energy Arm Rents Offices in Hong Kong
New Times Energy (HKG:0166) arm Jumbo Hope Group agreed to lease two offices in Hong Kong from New World Tower for three years through September 2027, according to a Thursday filing with the Hong Kong
China Property Stocks Rally as More Cities Unveil Rescue Steps
By Jiahui Huang Shares of Chinese property developers surged on rising expectations that government entities in China are moving to help buy up excess housing in a bid to revive the struggling real-es
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