Shares of US-listed Chinese Stocks Are Trading Lower After Chinese Planning Officials Reportedly Fell Short of Investor Stimulus Expectations.
HSBC Research raised ke holdings (BEKE.US) target price by 41% to $34.3, the top choice in the real estate industry.
HSBC research report indicates that taking the stock market rebound driven by policies from April to May as a reference, the valuation of the mainland real estate industry is being reassessed, focusing on large-cap stocks. The bank mentioned that only three mainland real estate stocks including China Overseas (00688.HK), china res land (01109.HK) are valued at or below the high levels of May, while the valuation of other mainland real estate stocks has significantly exceeded the May levels, making these valuations difficult to justify. The bank believes that whether the recent uptrend can continue depends on the fundamentals, and considers that ke holdings (BEKE.US) has shown significant profit potential in the fourth quarter, driven by the increase in sales. The bank has set a target for ke holdings.
Express News | HTSC: "Golden September" new home sales welcome adjustment. Subsequent suggestions include monitoring the implementation of the new policies.
Express News | During the National Day holiday, the Chengdu property market saw a surge in demand, with multiple developments announcing the withdrawal of discounts.
Insiders Of KE Holdings Retain CN¥11m Of Investment Selling At Higher Prices
KE Holdings Options Spot-On: On October 4th, 119.59K Contracts Were Traded, With 687.22K Open Interest
On October 4th ET, $KE Holdings(BEKE.US)$ had active options trading, with a total trading volume of 119.59K options for the day, of which put options accounted for 38.66% of the total transactions,