Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Major bank rating丨UBS Group: It is expected that the trend of destocking in the property market will continue this year, with a preference for KE Holdings and CHINA RES LAND.
On January 6, Gelonghui reported that UBS Group published a report on Mainland Real Estate, predicting that several trends from last year will continue this year, including an increase in the proportion of second-hand home sales, the rising importance of the rental market, ongoing challenges for high-end shopping malls, the rise of Real Estate Investment Trusts in China under low interest rates, and a decrease in the impact of policies on the domestic housing market and Mainland Real Estate stocks. The firm expects the inventory reduction trend to continue this year, with the sales area of newly completed Residences and new constructions falling by 10% and 15% year-on-year, respectively, and first-tier city housing prices decreasing by 10% year-on-year. The firm's latest inventory model shows that the inventory reduction may be completed by mid-next year, earlier than the originally expected third quarter of next year, benefiting from recent policy stimulus. The firm leans towards
UBS Group: The trend of inventory reduction in the real estate industry will continue this year, preferring KE Holdings (02423.HK) and Runxin (01109.HK).
UBS Group has released a report on Mainland Real Estate, expecting several trends from last year to continue this year, including an increase in the share of second-hand home sales, rising importance of the rental market, ongoing challenges for high-end malls, the rise of China’s real estate investment trusts under low interest rates, and a decline in the influence of policies on the domestic real estate market and Mainland Real Estate stocks. The bank expects the trend of inventory reduction in Mainland Real Estate to continue this year. It anticipates that the sales area of newly completed Residences and new starts will fall by 10% and 15% year-on-year, respectively, with home prices in first-tier cities decreasing by 10% year-on-year. The bank's latest inventory model shows that inventory reduction may be completed by mid-next year, earlier than the originally expected third quarter of next year, benefitting from recent policy stimuli. The bank prefers KE Holdings.
January 3 repurchase collection | TENCENT, HSBC Holdings, and others have repurchased shares, with TENCENT spending 0.701 billion Hong Kong dollars.
According to a document disclosed by HKEX on January 6, TENCENT (00700.HK), HSBC Holdings (00005.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.69 million ordinary shares on January 3, involving an amount of 0.701 billion Hong Kong dollars, with a repurchase price ranging from 418.6 Hong Kong dollars to 411.2 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.234 billion shares, accounting for 2.481% of the number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) on January 2
Announcement Highlights | Wanwu Cloud acquires 100% equity of Zhongzhou Property; UBTECH executives commit not to reduce their Shareholding within 12 months.
C&D INTL GROUP: The cumulative contract sales amount for 2024 is about 103.36 billion yuan, a year-on-year decrease of about 25.1%; SHIMAO SERVICES plans to acquire 33% of Shenzhen Shilu Yuan Environmental for 83.159 million yuan for full ownership.
KE Holdings-W (02423.HK) repurchased 0.8406 million shares on January 3 for 5 million USD.
On January 6, Globally Finance reported that KE Holdings-W (02423.HK) announced a share repurchase of 840,600 shares at a cost of 5 million USD on January 3, 2025.
KE Holdings-W (02423.HK) spent 5 million USD to repurchase 0.8352 million shares on January 2.
Gelonghui January 3丨 KE Holdings-W (02423.HK) announced that on January 2, 2025, it spent 5 million USD to repurchase 0.8352 million shares.
According to Citigroup in its report "Major Companies," domestic property sales are expected to decline by 23% year-on-year this year, with KE Holdings (02423.HK), Sun Hung Kai Properties (01109.HK), and Greentown (03900.HK) as top picks.
Citibank's research report indicates that sales in the domestic property market are expected to decline by 23% year-on-year this year, and it noted that land acquisitions in the first ten months of last year decreased by 65% year-on-year. However, this decline may be slightly alleviated by the warming trend in land purchases in major cities such as Shanghai, Peking, and Hangzhou in November and December, with China Overseas (00688.HK), Sunac (01109.HK), YUEXIU PROPERTY (00123.HK), and Greentown (03900.HK) being the most active. The bank also listed its favorites, including KE Holdings (02423.HK), Sunac, and Greentown, pointing out that while the policy direction is correct, it requires time. The bank stated that the Industry
December 31 share buybacks | TENCENT, AIA, and others have carried out buybacks, among which TENCENT spent 0.574 billion HKD.
According to a document disclosed by HKEX on January 2, TENCENT (00700.HK), AIA (01299.HK), and others repurchased shares. ① TENCENT (00700.HK) repurchased 1.37 million ordinary shares on December 31, involving an amount of 0.574 billion HKD, with the repurchase price ranging from 421.4 HKD to 416 HKD per share.
KE Holdings-W (02423.HK) repurchased 1.6173 million shares for 10 million USD on December 31.
On January 2, Gelonghui reported that KE Holdings (02423.HK) announced the repurchase of 1.6173 million shares at a cost of 10 million USD by December 31, 2024.
Express News | Ping An Securities: The top 100 sales continue to stabilize, and leading real estate companies exhibit greater resilience.
KE Holdings has acquired land in first-tier cities.
Exploring new models.
KE Holdings-W (02423.HK) has granted a total of 1.2665 million restricted share units.
On December 31, Gelonghui reported that KE Holdings-W (02423.HK) announced that the company will grant a total of 1.2665 million restricted share units (equivalent to the same number of relevant Class A ordinary shares) to 108 employees on January 1, 2025, according to the 2020 share incentive plan.
KE Holdings has won two locations in Shanghai and Hangzhou in one day, will this initiate a new pattern in Real Estate Development?
① KE Holdings has successfully acquired two land parcels in Shanghai and Hangzhou within a day, sparking discussions about whether KE Holdings is transitioning to become a developer; ② "In 2025, KE Holdings will focus on developing Business in more than ten cities, including Peking, Shanghai, Guangzhou, Chengdu, Xi'an, and Hangzhou, continuously promoting a new model of Real Estate Development with the C2M concept," stated KE Holdings.
KE Holdings-W (02423) invested 10 million USD to buy back 1.6321 million shares on December 30.
KE Holdings-W (02423) announced that it will spend 10 million US dollars to buy back shares on December 30, 2024...
The interest rate for the Shanghai public housing fund loans is adjusted downward, with the new standard taking effect tomorrow.
The Shanghai Municipal Housing Provident Fund Management Center has issued a notice stating that in order to implement the decision made by the People's Bank of China on May 17, 2024, to reduce the interest rate on personal housing provident fund loans by 0.25 percentage points, starting from tomorrow (January 1, 2025), the adjusted interest rates will apply to outstanding personal housing provident fund loans that were issued before May 18, 2024. The interest rates for provident fund loans will be uniformly reduced and there is no need for borrowers to apply. After the adjustment, the interest rates for the first set of personal housing provident fund loans will be 2.35% for loans below five years and 2.85% for loans over five years, while the interest rates for the second set of personal housing provident fund loans will be...
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.
Express News | KE Holdings' subsidiary, Beihome, won the residential land in Fengxian New City, Fengxian District, Shanghai for 0.69715 billion yuan, with a premium rate of 13.89%.
December 27 buyback summary | TENCENT, ANTA SPORTS, and others have all conducted buybacks, with TENCENT spending 0.702 billion Hong Kong dollars.
According to a document disclosed by HKEX on December 30, TENCENT (00700.HK) and ANTA SPORTS (02020.HK) repurchased shares. ① TENCENT (00700.HK) repurchased 1.68 million ordinary shares on December 27, involving an amount of 0.702 billion HKD, with a repurchase price ranging from 420.6 HKD to 415.6 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.227 billion shares, accounting for 2.413% of the shares issued at the time the ordinary resolution was passed. ② ANTA SPORTS (02020.HK)