Chinese real estate stocks rebounded almost all afternoon

Source: Internet
Author: User
Keywords Hong Kong dollar New World
Tags driving driving force enterprise force index market stock stock market
Hong Kong stock market on the afternoon of 17th, almost all of China's real estate stocks rebounded, or by the market stability and a A-share real estate stocks led by a strong rise, Fang Hing Real estate is now up 5.76%, Agile Rose 3.43%. Hong Kong's Hang Seng index fell back on the afternoon of June 17, now reported 18,141.28, 24.22 points or 0.13%, the state-owned enterprise indices reported 10,720 37 points, 4.05 or 0.04%, Chinese real estate stocks almost all rebounded, or by the large market stability and a A-share real estate stocks strong driving force. Franshion Real Estate (00817) is now 5.76%, at HK $2.57, and Accor le (03383) rose 3.43% to HK $9.64, Sheng Gao (00337) + 3.4%, and HK $2.74; New World China (00917) + 1.41%, HK $4.32; China overseas Development  (00688) flat at HK $16.68.  Macquarie issued a report to raise the 09 Chinese property price forecast from the original led to rise 0-5%, the reduction in inventories is expected to lead to a positive reappraisal of the housing unit, which has an average increase of 59% per cent in target prices and a rise in the rating of Accor, Forte (02337), New World China and high place to outperform. According to the historical study, Macquarie says the profits of the internal housing unit, the net asset value per share (NAV) and the stock price have a strong relationship, I believe that the internal housing enterprises through the acquisition of land reserves to increase the pace of NAV will slow down, and because of property prices and stock prices still have room to increase, I believe that the price will be The bank, which has an average of 8% valuations, has continued to look favorably on the second-tier housing stocks, which are more attractive.
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