KE Holdings-W (02423.HK) spent 5 million USD to buy back 0.87 million shares on January 7.
Gelonghui, January 8th丨KE Holdings-W (02423.HK) announced that on January 7, 2025, it spent 5 million USD to repurchase 0.87 million shares.
Morgan Stanley's investment rating and target price for Chinese Network Technology stocks (table)
Morgan Stanley released a report stating that it has updated the investment ratings and Target Prices for Chinese Network Technology stocks: Stock │ Investment Rating │ Target Price Tencent (00700.HK) │ Shareholding │ HKD 570 Trip.com (TCOM.US) │ Shareholding │ USD 81 MEITUAN-W (03690.HK) │ Shareholding │ HKD 200 TONGCHENGTRAVEL (00780.HK) │ Shareholding │ HKD 25 NetEase (NTES.US) │ Shareholding │ USD 108 Full Truck (YMM.US) │ Shareholding │ USD 10 New Oriental (EDU.US) │ Shareholding │ USD 83 PDD Holdings
HSBC Research "The Big Movement": Last quarter's sales in the domestic property sector were surprising, recommending Runhua (01109.HK), Yuexiu (00123.HK), and Longfor (00960.HK) among others.
According to HSBC's global research report, housing sales in 30 major cities in the mainland remained strong in the fourth quarter of last year, rising 69% quarter-on-quarter to a three-year high, and also up 12% year-on-year. Sales in December last year reached a 21-month high, exceeding the sales volume in June after the first round of policy easing in May by 52%. The report states that among the 30 major cities, second-tier cities recovered the fastest, with sales increasing by 182% compared to the level before the relaxation of policies in September. Among them, sales in Wuhan, Suzhou, and Nanjing increased year-on-year by 86%, 44%, and 26% in the fourth quarter, outpacing the increases of 16% and 6% in Shanghai and Peking, respectively. The second-hand sales in multiple major cities rose to a four-year high in December last year.
January 7th buyback summary | TENCENT, HSBC Holdings, and others have carried out buybacks, among which TENCENT spent 1.501 billion HKD.
According to a disclosure by HKEX on January 8, TENCENT (00700.HK), HSBC Holdings (00005.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 3.93 million common shares on January 7, involving an amount of 1.501 billion HKD, with a repurchase price ranging from 392.4 HKD to 376.8 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.239 billion shares, accounting for 2.541% of the total shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) on January
KE Holdings-W (02423.HK) spent 5 million USD to repurchase 0.836 million shares on January 6.
Gelonghui reported on January 7 that KE Holdings-W (02423.HK) announced that it spent 5 million USD to repurchase 0.836 million shares on January 6, 2025.
Express News | Power Construction Corporation of China,Ltd and KE Holdings signed a Global Strategy cooperation.
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.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
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.