The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
On December 12, a share repurchase took place | TENCENT, HSBC Holdings and others have repurchased shares, among which TENCENT spent 0.704 billion HKD.
According to a disclosure by HKEX on December 13, both TENCENT (00700.HK) and HSBC Holdings (00005.HK) repurchased shares. ① TENCENT (00700.HK) repurchased 1.69 million ordinary shares on December 12, involving an amount of 0.704 billion Hong Kong dollars, with the repurchase price ranging from 422.4 Hong Kong dollars to 409.8 Hong Kong dollars per share. Since the share buyback authorization resolution, the cumulative number of repurchased securities amounts to 0.212 billion shares, accounting for 2.256% of the total number of shares issued when the ordinary resolution was passed. ② HSBC Holdings (00005.HK)
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.
Express News | Central Economic Work Conference: There will be a more proactive fiscal policy, increasing the fiscal deficit ratio.
KE Holdings-W (02423.HK) spent 4 million USD to repurchase 0.588 million shares on December 11.
On December 12, Gelonghui reported that KE Holdings-W (02423.HK) announced it spent 4 million USD to buy back 0.588 million shares on December 11.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
Repurchase Collection on December 11 | Tencent Holdings, AIA, etc. bought back one after another, of which Tencent Holdings spent HK$0.702 billion
According to documents disclosed by the Hong Kong Stock Exchange on December 12, $Tencent Holdings (00700.HK) $ and $AIA (01299.HK) $ repurchased shares. ① $Tencent Holdings (00700.HK) $ repurchased 1.71 million common shares on December 11, involving an amount of HK$0.702 billion. The repurchase price per share ranged from HK$414.8 to HK$407.2. Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.211 billion shares, accounting for 2.238% of the number of shares issued when the ordinary resolution was passed. ② $AIA (01299.HK) $
KE to Engage Shenzhen Tencent Computer Systems for Cloud, Technical Services
KE Holdings-W (02423.HK) has entered into a Cloud Computing Service and technology service agreement with Tencent Computer.
Gelonghui announced on December 11 that KE Holdings (02423.HK) has signed a Cloud Computing Service and technology service framework agreement with Tencent Computer, which will be effective for three years from January 1, 2025, to December 31, 2027. According to the new Cloud Computing Service and technology service framework agreement, Tencent Computer (for itself and on behalf of the relevant Tencent Group) will provide cloud services and other technical services to the group.
KE Holdings-W (02423.HK) spent 4 million USD to repurchase 0.5845 million shares on December 10.
On December 11, Gelonghui reported that KE Holdings (02423.HK) announced it would spend 4 million USD to buy back 0.5845 million shares on December 10, 2024, with a repurchase price per share ranging from 6.68 to 6.95 USD.
Major rating | China Merchants International: Maintain the view of the domestic real estate Industry as "better than the market". The market is moving towards healthy development.
Gu Ronghui, on December 11, reported that CCB International released a Research Report stating that a recent channel survey found that suppressed rigid housing demand is being released, while investment demand has almost disappeared. It is believed that the current sales recovery in the mainland real estate market is mainly driven by rigid demand and replacement demand, which aligns more closely with the country's long-term development goals for the Real Estate Industry. The bank predicts that the total new housing sales this year will drop by 20% to 7.4 trillion yuan year-on-year, and next year will drop by 11% to 7 trillion yuan, with second-hand housing transactions reaching 7.1 trillion and 7.5 trillion yuan respectively. Looking ahead, the market is still expected to take time for the effects of the policies that have been introduced to become evident, but overall, the market is moving toward.
Express News | KE Holdings Tianjin Investment Company increased its capital to 0.6 billion USD.
December 10 buyback collection | TENCENT, HSBC Holdings, and others have bought back shares, among which TENCENT spent 0.703 billion Hong Kong dollars.
According to a document disclosed by HKEX on December 11, TENCENT (00700.HK) and HSBC Holdings (00005.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 1.68 million shares of common stock on December 10, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 429.2 HKD to 411 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased is 0.209 billion shares, accounting for 2.22% of the total number of shares issued when the ordinary resolution was approved. ② HSBC Holdings (00005.HK) on December 10...
CITIC International: Outlook for the Healthy Development of Domestic Real Estate in the Coming Year.
Zhaoyin International published a Research Report indicating that recent channel surveys found that suppressed rigid housing demand is being released, while investment demand has nearly vanished. Therefore, it is believed that the current revival in the mainland's Real Estate sales mainly stems from the support of rigid demand and replacement demand, which aligns more closely with the national long-term development goals for the Industry. The bank predicts that the total sales of new houses this year will decline by 20% year-on-year to 7.4 trillion yuan, and next year will drop by 11% to 7 trillion yuan, while the transaction volume of second-hand houses will reach 7.1 trillion and 7.5 trillion yuan respectively. Looking ahead, the market still expects that the effects of the policies already implemented will take time to manifest, but overall, the market is progressing toward a healthier state.
US stock digging for gold | Apple stocks hit a new high! Total market value reached 3.73 trillion USD; Morgan Stanley suddenly turned Call, and "USA forum" Reddit has cumulatively increased by over 390% since its listing.
Apple's stock rose by 1.61%, reaching a new all-time high, reclaiming the title of the largest company by Market Cap globally; "Reddit" rose by 2.71%, closing at $167.17. Since the stock debuted on the US stock market at $34 per share in March, it has increased by more than 390%.
Ke Holdings-W (02423.HK) spent 4 million USD to repurchase 0.5545 million shares on December 9.
On December 10, Gelonghui reported that KE Holdings (02423.HK) announced it will spend 4 million USD to buy back 0.5545 million shares on December 9, 2024, with a buyback price of 7-7.5 USD per share.
Guo Jiayao: Looking forward to more concrete policies being implemented by the Economic Affairs Council, Hong Kong stocks are expected to challenge the resistance at 21,500.
Director of Business Development at Harbor Family Office, Guo Jiayao, stated that the usa stock market performed downward on Monday (9th), with the market dropping after several days of gains, and all three major indices closed with losses. The dollar remained stable, and the usa ten-year bond yield rose to 4.19%. Gold prices performed well, and oil prices were also supported by geopolitical news. Hong Kong stock pre-market securities generally rose, and it is expected that the market will open significantly higher in early trading. The mainland stock market was stable yesterday, with the Shanghai Composite Index opening higher then declining, closing with a slight drop of 1 point, and the trading volume in both Shanghai and Shenzhen markets also decreased slightly. Hong Kong stocks showed a significant rebound, with the market recovering after opening lower, and the Central Political Bureau meeting indicated that fiscal policies will be actively implemented.
Express News | Citic Sec: Technological progress + policy expectations, the internet sector has both offensive and defensive capabilities.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.
① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.