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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.