PAXX Platinum Asia ETF
- 4.530
- +0.040+0.89%
Acquisition, renovation, and conversion of commercial spaces into residential ones: Datong has introduced 12 heavy-duty measures to reduce inventory in the real estate market.
Not only residential properties are facing inventory issues, but some cities also face inventory issues in non-residential projects. If localities can effectively solve the inventory problem in non-residential areas based on local conditions, combined with their own strength and supply and demand changes, it is also important for stabilizing the real estate market.
Hong Kong Market Watch: The Hang Seng Index fell nearly 1%, Shimao Group rose more than 10%, and Haitong Securities rose more than 5%.
Shipping stocks performed well, with cosco ship port rising nearly 5% and cosco shipping holdings rising nearly 3%; network technology stocks generally fell, with Meituan, Alibaba, and jd.com falling by about 2%; pharmaceutical stocks collectively declined, with zai lab falling more than 6%, and tigermed and wuxi apptec falling more than 5%.
Hong Kong stock market noon report: the three major indexes fluctuated downward, with the technology index falling nearly 1% and barely holding 3,700 points; mainland real estate stocks rose rapidly, while shimao group surged more than 19%.
In the morning session of the Hong Kong stock market, the three major indexes fell collectively. The Hang Seng Index fluctuated repeatedly at the critical level of 18,000 points, with a 0.67% drop. The Guozi and Hang Seng Technology indexes fell by 0.52% and 0.91% respectively, and the Hang Seng Tech Index narrowly held the 3,700-point level.
Midday Overview | Hong Kong's three major indices weakened, with the technology index falling by nearly 1%; Port and shipping stocks rose against the trend, with Cosco Ship Port up nearly 5%.
Wind power stocks rose, China Longyuan Power surged more than 4%, Huadian International Power's stock rose nearly 4%; Coal industrial concept made progress, Kinetic dev rose more than 5%, China Coal Energy and E-commodities both rose more than 2%.
常州“去库存”提速：不再新建安置房 收购商品房用于征收安置
①常州今日发布的楼市新政中，在加快征收安置方面，从供给端到需求侧，出台了多项新的重要举措。 ②政策明确，自通知实施之日起，非社会资本受让土地未实质性开工建设的安置房项目一律不再建设；一律不再新增安置房用地供应。
Hong Kong stock market quick glance | The three major indexes rose in the afternoon, with Hang Seng Index and CSI 300 Index both up nearly 1%; large technology stocks were strong, with Meituan up nearly 4%.
Hong Kong's three major stock indexes rebounded in the afternoon, with the Hang Seng Tech Index leading with a final increase of 1.3%, while the Hang Seng Index and the H share index rose by 0.97% and 0.98% respectively. All three showed a "U"-shaped trend and maintained an upward trend throughout the day.
Hong Kong stock market midday review | The three major indexes rose slightly, with the Hang Seng Index returning to 18,000 points; Autos, electrical utilities, and apple supplier stocks strengthened, while BYD Company surged more than 7%.
The three major indexes of Hong Kong stocks opened higher in the morning, rose and then gradually fell back. The Hang Seng Technology Index rose to 1.8% at one point, and closed up 0.62% at noon. The Hang Seng Index and the Hang Seng Technology Index rose 0.54% and 0.49%, respectively, with the Hang Seng Index returning to the 18,000 mark.
What signals are being released by the People's Bank of China holding a meeting to promote the work of refinancing for affordable housing?
During the meeting, the Governor of the People's Bank of China, Pan Gongsheng, indicated that local governments that intend to use indemnificatory apartments for refinancing could establish a work mechanism, project screening, procurement and classification process, and arrange appropriate financial and tax policy support within their local authority. This initiative will have a positive effect on the acquisition of existing housing stock and increasing the supply of indemnificatory apartments in the next stage, and it is expected that inventory reduction work will accelerate in the second half of the year.
Forecasting The Future: 9 Analyst Projections For Trip.com Group
In the latest quarter, 9 analysts provided ratings for Trip.com Group (NASDAQ:TCOM), showcasing a mix of bullish and bearish perspectives.
Benchmark Reiterates Buy on Trip.com Group, Maintains $72 Price Target
Benchmark analyst Fawne Jiang reiterates Trip.com Group (NASDAQ:TCOM) with a Buy and maintains $72 price target.
Trip.com Group Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/12/2024 40.57% Benchmark $72 → $72 Reiterates Buy → Buy 05/22/2024 48.38% Barclays $60 → $76 Maintains
Express News | The southbound funds had a significant net buy of HKD 6.872 billion today.
Hong Kong market update: All three major indexes were sluggish throughout the day, with the technology index falling nearly 2%; the Wuxi PharmaTech series rose significantly, with WuXi Biologics up more than 14% and WuXi AppTec up more than 10%.
The Hang Seng Index, the national index, and the Hang Seng Tech Index all maintained a downtrend throughout the day, with the Hang Seng Index falling by 1.31% and losing the 18,000-point mark, while the National Index and the Hang Seng Tech Index fell by 1.44% and 1.71%, respectively.
Hong Kong stock market noon review | Hong Kong stocks continue to fall, the Hang Seng Index fell 1.45%; Biomedical stocks rose against the market, with Wuxi Bio soaring over 16%.
Hong Kong stocks continue to decline, with market sentiment relatively low. The Hang Seng Index and the H-share Index fell by 1.45% and 1.54%, respectively, while the Hang Seng Tech Index dropped 1.51%.
Mid-day market snapshot: Hong Kong stocks weakened, the three major indexes fell more than 1%; Apple suppliers bucked the trend and rose, q tech soared more than 8%.
Contract research organizations are generally on the rise, with Wuxi Bio up nearly 6% and WuXi AppTec up nearly 5%. Auto stocks are leading the decline, with Everg Vehicle falling more than 20% and NIO Inc. falling more than 7%.
Futu Morning Post | NASDAQ and S&P hit new highs, Apple violently pulls up more than 7%; CPI and the Federal Reserve will take turns bombing
JPMorgan: Robotaxi is unlikely to generate substantial revenue in the next few years; Stock price rose more than 11%! American version of Huabei, Affirm service, will be embedded in Apple Pay; After-hours trading, Oracle's stock price rose more than 9%, OpenAI chose Oracle cloud computing service to expand Microsoft Azure platform.
A month after the cancellation of home-buying restrictions in Hangzhou: Market demand has significantly increased with a large increase in new home sales volume on a monthly basis, but still decreased compared to last year.
Several intermediary companies and research institutions have told reporters that since the implementation of the new housing policy in Hangzhou on May 9th, both the viewing and transaction volume of second-hand and new housing markets in the local area have increased to varying degrees, and the policy effect has been demonstrated. In May, the sales area of new houses in Hangzhou increased by about 50% compared with the previous month, but the sales volume still declined year-on-year and has not yet recovered to the same period last year.
Hong Kong Market Quick Take | Hong Kong stocks narrowed their losses in the afternoon, with the Hang Seng Index falling by about 1%; marine transportation and golden industrial concept were weak throughout the day, with Cosco Shipping Holdings and Cosco S
The three major stock indexes in Hong Kong rose slightly in the afternoon and the decline narrowed. At the close, the Hang Seng Index fell 1.04%, the HSCI fell 0.45%, and the GEM Index fell 0.9%.
Hong Kong stock market noon update | all three major indexes fell sharply, with internal banking, marine transportation, and golden industrial concept stocks falling. COSCO Shipping Holdings fell nearly 13%, and Zhaojin Mining fell nearly 11%.
The three major indexes in Hong Kong all fell collectively. As of noon break, the Hang Seng Index fell 1.67%, and at one point during the day, it fell below the 18,000 point mark. The Technology Index fell 1.24%, and the State-Owned Enterprise Index fell 1.68%.
Futu Morning Express | The June FOMC meeting is coming; Nvidia rose nearly 1% on the first day of stock split.
New York Fed survey: Short-term inflation expectations slightly decreased, consumers are most optimistic about the stock market in three years; Apple WWDC announced AI system, computer and other device system updates across the board, iPhone will integrate with ChatGPT; Tesla fell more than 2%, and its market cap is now less than half of Meta's.