[Exclusive VIP] Ye Shangzhi: Hong Kong stocks' trading volume has shrunk again.
On June 18th, the Hong Kong stock market continued its soft trend and with the trend of continuous decrease in liquidity in the market, there are signs of gradual slowdown in the short-term momentum. We estimate that the market is still in a state of consolidation and adjustment, and there is still a chance for the short-term market to continue to decline.
Hong Kong Stock Market News: Mainland real estate continues to decline, weak sales and investment in real estate in May, and basic repairs still require sustained policy efforts.
Mainland real estate continues to fall, as of press time, Zhongliang Holdings (02772) fell 3.13% to HKD 0.155; China Overseas Development (00688) fell 2.81% to HKD 13.84.
China Vanke (02202): "20 Vanke 06" will pay interest on June 19th.
China Vanke (02202) announced that its publicly issued enterprise bonds (third tranche, series 2) for qualified investors in 2020 will pay interest from June 19, 2023, to June 18, 2024, and mature on June 19, 2024. The bond abbreviation is 20 Vanke 06, bond code is 149142, the bond term is 7 years, the bond issue size is 1.2 billion yuan, and the bond coupon rate is 3.90%.
Next China, Hong Kong Stock Rally Will Likely Need Concrete Property Sector Policy
Hong Kong and China's stock market rally in May was driven by the re-rating of valuations to a more normalized level from the extremely bearish sentiment and investor positioning, thanks to the govern
Hong Kong stock market anomaly | Shimao Group (00813) fell nearly 6%, leading the decline in mainland real estate stocks, and commodity residence prices in various cities continued to adjust in May.
According to the Smart Finance and Economics APP, mainland real estate stocks fell collectively. As of press time, Shimao Group (00813) fell by 5.88%, reporting HKD 0.8; Sino-Ocean GP (03377) fell by 4.04%, reporting HKD 0.475; Sunac (01918) fell by 3.17%, reporting HKD 1.22; China Vanke (02202) fell by 3.02%, reporting HKD 5.14. In terms of news, data from the National Bureau of Statistics showed that in May, among the 70 large and medium-sized cities, the sales prices of commodity residences in various cities fell month-on-month, with a slightly expanded year-on-year decline. In May, the sales price of new commodity residences in first-tier cities fell on a ring basis.
China Vanke (02202.HK) exercised its option to redeem the "21 Vanke 05" corporate bonds.
China Vanke (02202.HK) announced on June 14th that, according to the provisions of the "2021 China Vanke Enterprise Public Issuance of Rental Housing Special Bonds (Third Series) Prospectus for Professional Investors" (hereinafter referred to as the "Prospectus"), the Company has decided to exercise its option to redeem "21 Vanke 05" bonds as the issuer on the redemption registration date and redeem all "21 Vanke 05" bonds registered on that date.
China Vanke (02202) applied for a loan totaling RMB 4.1 billion from Postal Savings Bank of China.
China Vanke (02202) announced that the company has applied for a loan of CNY 4.1 billion from Postal Savings Bank of China Shenzhen Branch (PSBC) to fulfill its operational needs. The company's holding subsidiaries provided guarantees for the loans by mortgaging their project assets.
Express News | China Vanke Says Unit Will Use Project Assets, Others as Collateral
Express News | China Vanke Says It Applies for Loans Totaling 4.1 Bln Yuan From Postal Savings Bank of China
China's SOEs Buying Excess Property a Major Step Forward in Rescue Plan
China's state-owned enterprises buying excess housing from the market could be a big leap forward in rescuing the country's property sector as it opens the door for direct public financing, ANZ Resear
Express News | S&P- Negative Outlook on China Vanke Reflects Our Expectation That the Company's Contracted Sales Could Decline Further Over the Next 12 Months
Express News | S&P- China Vanke 'bb+' Rating Affirmed on Active Liquidity Management; Outlook Negative
Renowned analyst Ye Shangzhi: Hong Kong stock market rebounded with reduced trading volume, but the weak trend has not changed.
On June 13th, after a three-day decline, the Hang Seng Index rebounded on a shrinking volume. However, whether it has reversed the recent trend of backtracking and probing remains to be observed and verified. The Hang Seng Index rose more than 170 points to close at a level of 18,100 points, and the trading volume of the market returned to below the daily average of 111 billion yuan for the year. The enthusiasm of funds to enter the market has not reappeared, and it should be noted that the momentum of the rebound in the market may still be constrained. In terms of trend, 18,200 points is still the current good line of support and resistance for the Hang Seng Index, and it must return above it to send a signal of stabilization. After the Fed meeting, it announced that it will maintain the current interest rate and the federal funds rate will remain at 5.25-5.
Hong Kong stocks unusual | China Vanke (02202) fell nearly 4% again, down more than 30% from May's high point, and it will still take time for the real estate cycle to turn.
China Vanke (02202) fell nearly 4%, down more than 30% from its May high of 7.44 Hong Kong dollars. As of press time, it fell 3.92% to HKD 5.15, with a turnover of HKD 252 million.
HK stocks are fluctuating. Mainland real estate continues to decline. New housing transactions during the Dragon Boat Festival holiday are lower than expected. It remains to be seen whether the effects of the real estate policy will continue.
Mainland real estate stocks continue to weaken. As of press time, China Overseas Development (00688) fell by 4.08%, reporting HKD 14.58; Sunac (01918) fell by 4%, reporting HKD 1.2; Shimao Group (00813) fell by 3.66%, reporting HKD 0.79.
Hong Kong stock market concept tracking | Real estate market trading activity was active during the Dragon Boat Festival holiday and institutions believe that opportunities for medium and long-term trades may appear frequently. (Attached concept stocks)
According to the data on the official website of Shanghai Real Estate Trading Center's "Online Real Estate", nearly 960 second-hand housing transactions were signed in the two days before the Dragon Boat Festival, exceeding the total number of transactions during the 5-day "May Day" holiday. The rebound in second-hand housing transactions means that the replacement chain can be activated as soon as possible.
Express News | BlackRock Inc's Long Position in H Shares of China Vanke Decreases to 5.46% on June 6 From 6.08% - HKEX
Shenzhen Sunrise New Energy (SZSE:002256 Shareholders Incur Further Losses as Stock Declines 13% This Week, Taking Five-year Losses to 48%
For many, the main point of investing is to generate higher returns than the overall market. But even the best stock picker will only win with some selections. So we wouldn't blame long term Shenzhe
Express News | China Vanke Says Unit Plans to Provide Corresponding Pledge Guarantee for the Loans
Express News | China Vanke Says It Has Applied for Loans and Completed Withdrawal of 1.2 Billion Yuan From Bank of Communications
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