00823 Link Real Estate Investment Trust
- 34.050
- +0.250+0.74%
[Broker Focus] BOC International says the inclusion of H-REITs in the Shanghai-Shenzhen-Hong Kong Stock Connect is expected to usher in a revaluation
Jinwu Financial News | BOC International said that the China Securities Regulatory Commission website was released on April 19. The CSRC will deepen cooperation with Hong Kong, China and adopt 5 measures to promote the collaborative development of capital markets between the two places. Among them, REITs will be included in the Shanghai-Shenzhen-Hong Kong Stock Connect. According to the bank, inclusion in the Shanghai-Shenzhen-Hong Kong Stock Connect is expected to bring in > 4 days of trading volume. The bank believes that the inclusion of the Shanghai-Shenzhen-Hong Kong Stock Connect will support the short-term stock price of H REITs. According to data from the Hong Kong Stock Exchange as of April 19, 2024, Southbound Capital held about 0.6% of the shares in circulation in Hong Kong. Calculated based on average daily trading volume for the past 250 trading days
BOC International: Maintaining the “Buy” Rating Target Price of HK$48.7 for Lingzhan Real Estate Fund (00823)
BOC International believes that Lingzhan's performance in the first three quarters of the 2024 fiscal year has remained generally stable, and rents are expected to record a moderate increase to offset the impact of rising interest rates.
Hong Kong's Property Sector May See Strong Transaction Volume Recovery -- Market Talk
0410 GMT - Hong Kong may see a strong recovery in transaction volume in the next three to six months, UOB Kay Hian analysts Jieqi Liu and Damon Shen say in a note. Hong Kong property sales volume cont
Lingzhan Real Estate Fund (00823) cancelled 10.6457 million repurchased fund units on March 14
Lingzhan Real Estate Fund (00823) issued an announcement to cancel 10.6457 million units on March 14, 2024...
Lingzhan Real Estate Fund (00823) bought back 1,416,800 fund units on March 7
Lingzhan Real Estate Fund (00823) announced that the company repurchased 1,416,800 units on March 7, 2024...
Lingzhan Real Estate Fund (00823) repurchased 453,500 fund units on March 6
Lingzhan Real Estate Fund (00823) announced that the fund repurchased 453,500 funds on March 6, 2024...
Lingzhan Real Estate Fund (00823) repurchased 1.5 million fund units on March 5
According to the Zhitong Finance App, Lingzhan Real Estate Fund (00823) announced that the fund will repurchase 1.5 million fund units on March 5, 2024.
Lingzhan Real Estate Fund (00823) cancelled 8.072,800 fund units on March 4
Lingzhan Real Estate Fund (00823) issued an announcement. The fund cancelled 8.072,800 units on March 4, 2024...
Lingzhan Real Estate Fund (00823) repurchased 1.94 million fund units on March 1
Zhitong Finance App News, Lingzhan Real Estate Fund (00823) announced that it will repurchase 1.94 million fund units on March 1, 2024.
Lingzhan Real Estate Fund (00823) repurchased 1.865 million fund units on February 29
Lingzhan Real Estate Fund (00823) announced that it will repurchase 1.865 million fund units on February 29, 2024.
Bank Ratings | Citibank: If Hong Kong property prices continue to fall after the withdrawal of the country, it may further weaken confidence in buying a home
Citi published a report saying that the new Hong Kong Special Administrative Region Government Budget Bill announced a complete withdrawal of the property market, exceeding the bank's and market expectations of reducing spiciness. However, the bank believes that the main drivers of Hong Kong's residential demand include interest rates; and market confidence in the prospects of the Mainland and Hong Kong, which the government can control. Furthermore, Citi is concerned that if property prices continue to fall after the withdrawal of the country, it may further weaken confidence in buying a home. The bank maintains a “reduced holdings” rating for real estate agents and favors low-debt landlords that do not rely on property sales and have low planned capital expenditure, such as Lingzhan and Jiulongchang Real Estate.
Lingzhan Real Estate Fund (00823) repurchased 756,900 fund units on February 28
Lingzhan Real Estate Fund (00823) announced that the fund repurchased 756,900 units on February 28, 2024...
Lingzhan Real Estate Fund (00823) repurchased 1.402,500 fund units on February 27
Lingzhan Real Estate Fund (00823) issued an announcement. The fund repurchased 1.4025 million yuan on February 27, 2024...
Lingzhan Real Estate Fund (00823) repurchased 1.17 million fund units on February 26
According to the Zhitong Finance App, Lingzhan Real Estate Fund (00823) announced that the fund will repurchase 1.17 million fund units on February 26, 2024.
Lingzhan Real Estate Fund (00823) repurchased 919,600 fund units on February 23
Lingzhan Real Estate Fund (00823) announced that the fund repurchased 919,600 units on February 23, 2024...
Lingzhan Real Estate Fund (00823) repurchased 924,500 fund units on February 22
Lingzhan Real Estate Fund (00823) announced that the fund repurchased 924,500 units on February 22, 2024...
Hong Kong's Property Sector May Face Downward Pressure in Near Term -- Market Talk
0818 GMT - Hong Kong's property market may continue to face downward pressure in the short to medium term due to structural factors such as an aging population, higher private and public housing suppl
[Broker Focus] CCB International says Hong Kong's real estate market is still under pressure in the short term, preferring asset-light real estate companies
Jinwu Financial News | CCB International Development Research reports that in addition to expecting interest to peak during the year, hoping that the inflow of talents will surpass the population outflow and further increase rents to support housing prices, various structural factors will still drag down the Hong Kong real estate market. These include the negative wealth effects of the stock market and property market, the aging population, a surge in the supply of public and private housing, and a decline in the carrying capacity of buyers and developers. The bank expects residential housing prices in Hong Kong to fall by 10-15% in 2024-25 until several bottoming signs: (1) the Hong Kong Government cancels all demand management measures (removal); (2) storage costs (cost)
Lingzhan Real Estate Fund completed the acquisition of the remaining 50% interest in Shanghai Property's Qibao Vanke Plaza
Lingzhan Real Estate Fund (00823) issued an announcement regarding the acquisition of the remaining 50% interest in the property (named Qibao Vanke Plaza). According to the terms of the share purchase agreement, the remaining 50% interest in the acquisition of the property (named Qibao Vanke Plaza) was completed on February 20, 2024. After the transaction is implemented, Lingzhan will have legal beneficial ownership of the target shares (through the buyer), along with the current holding of another 50% of the target company's shares, accounting for 100% of the target company's shares, that is, Lingzhan will own the effective saleable legal beneficial ownership of the entire property (through the target company).
Lingzhan Real Estate Fund (00823) completed the acquisition of the remaining 50% interest in Shanghai Property Qibao Vanke Plaza
Lingzhan Real Estate Fund (00823) issued an announcement relating to the acquisition by Lingzhan of the remaining property (named Qibao Vanke Plaza)...