CHINA OVERSEAS Stock Forum

$Hang Seng Index(800000.HK)$ opened 161 pts or 0.9% lower at 18,659. $Hang Seng China Enterprises Index(800100.HK)$ opened 49 pts or 0.8% lower at 6,636. $Hang Seng TECH Index(800700.HK)$ opened 33 pts or 0.9% lower at 3,821.
Many Chinese cities lowered their down payment ratios and interest rate floors, including T1 cities, Guangzhou and Shenzhen. Chinese property developers $CHINA OVERSEAS(00688.HK)$ and $CHINA RES LAND(01109.HK)$ ebbed 1.8% and 1.5%.

$Hang Seng Index(800000.HK)$ opened 2 pts or 0.02% lower at 18,606. $Hang Seng China Enterprises Index(800100.HK)$ opened 2 pts or 0.04% higher at 6,607. $Hang Seng TECH Index(800700.HK)$ opened 2 pts or 0.06% higher at 3,801.
$EVERG VEHICLE(00708.HK)$ announced potential transfer of its 29% stake with credit aid, having the trading in its shares resumed and opened 94.7% higher at $0.74. $EVERG SERVICES(06666.HK)$ , under the same series, opened 12.7% higher at $0.89. Hainan and Chon...

$CHINA OVERSEAS(00688.HK)$ suddenly too fast too furious 😎
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$CHINA OVERSEAS(00688.HK)$ 👀 potential pullback buy…vol comin in

Car stock $LI AUTO-W(02015.HK)$ opened 2.4% lower, while $XPENG-W(09868.HK)$ rebounded 1.3% higher. $GWMOTOR(02333.HK)$ sales in April rose 1.8%, and its shares opened flat at $11.9.
Shenzhen optimised its home purchase restriction policy by allowing multi-children families to purchase another housing unit. $CHINA VANKE(02202.HK)$ opened 1% higher at $4.85 after it announced a 38% YoY drop in April contracted sales. $CHINA OVERSEAS(00688.HK)$ opened 1.3% lower.

$BYD COMPANY(01211.HK)$ 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...

Hong Kong stocks opened lower in the morning. $Hang Seng Index(800000.HK)$ opened 234 points or 1.4% lower at 16,487. $Hang Seng China Enterprises Index(800100.HK)$ opened lower by 84 points or 1.4% at 5,795. $Hang Seng TECH Index(800700.HK)$ opened down 66 points or 1.9% at 3,408.
In financials, $HSBC HOLDINGS(00005.HK)$ opened 0.7% lower at $63.35, $HKEX(00388.HK)$ opened 1.4% down, and $AIA(01299.HK)$ opened descending 3.4%. 
As for property stocks, $CHINA OVERSEAS(00688.HK)$ opened fa...

$Hang Seng Index(800000.HK)$ opened 282 pts or 1.7% lower at 16,856. $Hang Seng China Enterprises Index(800100.HK)$ opened 105 pts or 1.8% lower at 5,910. $Hang Seng TECH Index(800700.HK)$ opened 71 pts or 2% lower at 3,480.
Real estate stocks were hijacked by subsiding rate cut expectations. $NEW WORLD DEV(00017.HK)$ and $HANG LUNG PPT(00101.HK)$ cratered more than 2%. $SHK PPT(00016.HK)$ , $Link Real Estate Investment Trust(00823.HK)$ and $CK ASSET(01113.HK)$ slid 1.7%-1.9%. ...

$COUNTRY GARDEN(02007.HK)$ opened flat at $0.61 after saying it will try its best to raise funds within the grace period when it responds to the failure of its domestic bonds to be repaid on schedule.
$CHINA VANKE(02202.HK)$ dipped 0.3% at $6.28 after the company reportedly discussed a bond swap with its major creditor banks to avoid default. For the rest of the Chinese property developers, $CHINA OVERSEAS(00688.HK)$ , $LONGFOR GROUP(00960.HK)$ and $CHINA RES LAND(01109.HK)$ sank 0.8%-1.1%...

The three major blue-chip, Chinese property developers, $CHINA OVERSEAS(00688.HK)$ , $CHINA RES LAND(01109.HK)$ and $LONGFOR GROUP(00960.HK)$ , rallied 11%-14% to $11.74, $25.15 and $10.86 respectively. Traditional blue-chip real estate stocks soared almost 3-6%, with $NEW WORLD DEV(00017.HK)$ outpacing.