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China Securities Co., Ltd.: The Real Estate Industry is under overall pressure, but some companies have already shown performance improvement and optimization of liabilities.
Since the beginning of this year, the land market in core cities has been booming, with the national land auction premium remaining above 10%. The land acquisition amount of the top 100 real estate companies from January to April has increased by 42% year-on-year, and investment confidence has also improved.
Hong Kong Stock Morning Report | China increased its social financing by 16.34 trillion in the first four months, and Tencent's revenue in the first quarter increased by over 13% year-on-year.
① From January to April, China's social financing scale increased by 16.34 trillion yuan, which is 3.61 trillion yuan more than the same period last year. ② The USA has adjusted tariffs on China. ③ Multiple departments jointly issued 'Policies and Measures to Accelerate the Construction of the Technology Finance System to Strongly Support High-Level Technological Self-Reliance and Strength.' ④ Alibaba has open-sourced the video generation and editing model Wan2.1-VACE.
Express News | Fitch Downgrades China Vanke to 'ccc+', Vanke Hong Kong to 'ccc'
Express News | Chinese Builder Vanke Repays Its Only Dollar Bond Due This Year - Bloomberg News
Express News | China Vanke - Resolution on Provision of Loan of RMB1.552 Bln by Szmc to Company Was Considered and Approved
The major Shareholder frequently takes action to firmly support Vanke (02202).
On May 14, Vanke (02202) announced the "Announcement on the provision of 1.552 billion yuan loan by Shenzhen Metro Group and the related Trade."