KE Holdings-W (02423.HK) spent 5 million USD to repurchase 0.904 million shares on January 13.
On January 14, Gelonghui reported that KE Holdings-W (02423.HK) announced the repurchase of 0.904 million shares at a cost of 5 million USD on January 13, 2025.
Shares of Chinese Stocks Are Trading Higher. China's Central Bank Reportedly Indicated It Would Take Measures to Support Economic Growth.
Express News | U.S. stock night trading: The gains of China's Assets ETFs and U.S.-listed Chinese stocks have expanded, with CWEB rising over 5%, and Fangdd Network soaring nearly 18%.
US stocks movement | KE Holdings shares rose over 1% before the market, continuing to buy back shares.
Gelonghui January 13|KE Holdings (BEKE.US) rose 1.16% in Pre-Market Trading to $16.59. In terms of news, the company has been continuously repurchasing shares recently. The company repurchased 0.916 million shares last Friday (10th) for a total of $5 million. According to the resolution for share repurchase authorization, the total number of shares that can be repurchased is 0.368 billion shares, and 73.8 million shares have already been repurchased, which accounts for 2.007% of the total issued shares when the repurchase authorization resolution was approved. (Gelonghui)
Repurchase collection on January 10 | TENCENT, AIA and others have repurchased, among which TENCENT spent 1.501 billion HKD.
According to the document disclosed by HKEX on January 13, shares were repurchased from TENCENT (00700.HK), AIA (01299.HK), and others. ① TENCENT (00700.HK) repurchased 4.01 million ordinary shares on January 10, involving an amount of 1.501 billion HKD, with a repurchase price ranging from 379.2 HKD to 370.2 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased is 0.251 billion shares, accounting for 2.669% of the total outstanding shares at the time the ordinary resolution was passed. ② AIA (01299.HK) on
KE Holdings-W (02423.HK) spent 5 million USD to repurchase 0.9156 million shares on January 10.
Gelonghui January 13丨KE Holdings-W (02423.HK) announced that on January 10, 2025, it will spend 5 million USD to repurchase 0.9156 million shares.
This week's U.S. stock market winners | The technology event CES ignited stock prices! Micron Technology rose over 10% during the week; is the pullback a buying opportunity? The second-hand car platform Carvana saw a rebound this week.
This week, the Dow Jones Industrial Average decreased by 0.23%, closing at 42,635.2 points; during the same period, the S&P 500 Index fell by 0.41%, closing at 5,918.25 points; the Nasdaq fell by 0.73%, closing at 19,478.88 points.
Repurchase summary on January 9 | TENCENT, AIA, and others have carried out buybacks, with TENCENT spending 1.501 billion Hong Kong dollars.
According to a document disclosed by HKEX on January 10, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 4.01 million ordinary shares on January 9, involving an amount of 1.501 billion Hong Kong dollars, with a repurchase price ranging from 379.2 Hong Kong dollars to 365 Hong Kong dollars per share. Since the share repurchase authorization resolution, the cumulative number of repurchased securities is 0.247 billion shares, accounting for 2.627% of the total issued shares at the time the ordinary resolution was passed. ② AIA (01299.HK) on January 9
KE Holdings-W (02423.HK) repurchased 0.906 million shares at a cost of 5 million USD on January 8.
On January 9, Gelonghui reported that KE Holdings (02423.HK) announced the repurchase of 0.906 million shares at a cost of 5 million USD on January 8.
KE Holdings-W (02423) repurchased 0.9056 million shares for 5 million USD on January 8.
KE Holdings-W (02423) announced that on January 8, 2025, the company will spend 5 million USD to repurchase 90...
Repurchase collection on January 8 | TENCENT, HSBC Holdings, and others have repurchased shares, with TENCENT spending 1.503 billion HKD.
According to a document disclosed by HKEX on January 9, TENCENT (00700.HK) and HSBC Holdings (00005.HK) repurchased shares. ① TENCENT (00700.HK) repurchased 4.05 million ordinary shares on January 8, involving an amount of 1.503 billion Hong Kong dollars, with the repurchase price ranging from 379.2 Hong Kong dollars to 366 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of shares repurchased is 0.243 billion shares, accounting for 2.584% of the total issued shares at the time of the ordinary resolution's approval. ② HSBC Holdings (00005.HK) on January 7.
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