share_log

港股异动 | 万科企业(02202)再跌近4% 较5月高点已跌超30% 房地产周期拐点到来仍需时间

Hong Kong stocks unusual | China Vanke (02202) fell nearly 4% again, down more than 30% from May's high point, and it will still take time for the real estate cycle to turn.

Zhitong Finance ·  Jun 13 14:21

China Vanke (02202) fell nearly 4% again, down more than 30% from its high of HKD 7.44 in May. As of the time of writing, it fell 3.92% to HKD 5.15, with a turnover of HKD 252 million.

According to the WiseNews App, China Vanke (02202) has fallen nearly 4% again, down more than 30% from its high of HKD 7.44 in May. As of the time of writing, it fell 3.92% to HKD 5.15, with a turnover of HKD 252 million.

According to research reports from China International Capital Corporation, the current real estate policies are being implemented with greater intensity than in previous cycles, and total demand is corresponding stabilizing. Market confidence in the eventual turning point of the real estate cycle has significantly increased. However, it is also necessary to recognize that under the new situation in the real estate industry, the structural evolution of the first and second-hand housing markets is accelerating, and the total supply pressure of new and second-hand housing is becoming more evident. The inertia of the real estate cycle is strengthening, and we should have sufficient patience while waiting for the turning point.

Huafu Securities pointed out that a series of financing and debt reduction actions taken by Vanke recently showed that Vanke's fund pressure has been eased after gradually completing the project mortgage loan application, and selling high-quality assets such as the Shenzhen Bay Super Headquarters. Coupled with the rebound in sales in May, the overall sales revenue still ranks among the top real estate developers. The market's confidence in Vanke bonds has been boosted. The bank also pointed out that Vanke's credit fundamentals may improve to some extent, which can improve the financing environment of state-owned real estate companies.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment