Lu Yuren – Viet Nam Rising Trend Captures the Leading Power Fanci|Financial High Tea | Headline Daily

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US stocks were on holiday on Monday. Although Hong Kong stocks were weak in the peripheral ADR, they returned to the home court and showed resilience again. After the market opened 126 points lower, it once fell 236 points to a low of 20839 points, and then began to rise, recovering 21000 points, the Hang Seng Index It closed at 21,163 points, up 88 points. The low-residual Chinese property stocks made great efforts, reflecting that those who are brave enough to speculate on low valuations have a chance to win.

This month the U.S. Federal Reserve raised interest rates, setting off the market’s wariness of continued U.S. interest rate hikes. Expectations of an increase of 0.75% in U.S. interest rates next month are expected to rise. Due to the tightening of water head, global asset prices are being tested. All the goods fall in price. Upward interest rates are not good for real estate, but the mainland real estate stocks ran out at this time, because the mainland is a small number of major economies where the threat of inflation is not great, and at the same time, the monetary policy will not be tightened.

On the contrary, in order to stabilize the economy, the mainland has shown signs of loosening its strict controls on the property market and even mortgages. Pan Gongsheng, deputy governor of the People’s Bank of China and director of the State Administration of Foreign Exchange, said that the epidemic situation is gradually improving, the economic and social order is recovering at a faster pace, and the real estate market transaction activity has increased. In the next step, the People’s Bank of China will implement differentiated housing credit policies based on city-specific policies to better meet the reasonable housing needs of home buyers.
Second-tier Chinese property stocks are resilient

It is not today that the mainland’s housing market has turned from tight to loose. Although the mainland housing sector has not rebounded significantly in the second quarter, some of them have already bottomed out. This round of funds is about to be bet, so mainland property and property management stocks were selected. Property management stock Country Garden Services (6098) surged 15% to close at 32.2 yuan, the best performing blue-chip stock. Second- and third-tier Chinese property stocks also saw several private enterprises soaring. CIFI Group (884) surged 13% to close at 3.47 yuan; major stock R&F Properties (2777) rose 8.7% to close at 2.12 yuan. Leading level Country Garden (2007) both rose 7% to close at 4.62 yuan; Longfor Group (960) rose 6% to close at 33.8 yuan.

State-owned domestic real estate was not inferior, China Resources Land (1109) jumped 8% to close at 34.15 yuan; China Overseas (688) rose 9% to close at 23.7 yuan, and the lesser-mentioned Yuexiu Property (123) rose 6% to close at 8.8 Yuan, approaching a one-year high. Compared with large state-owned enterprises, Yuexiu feels more regional, and the liquidity of shares is a little lower, and most of them are speculative. In addition, Nansha has a large land reserve, has the concept of Nansha, and the management focuses on the railway plus property model, which has its selling points. In addition, it meets the three green lines financially, so the performance is better than the past. The stock has always been a slow-heating type, and this turn of the upward trend is considered to be smooth sailing, and it has begun to move upward at a level.
Danyou may use the epidemic to turn back the carbine

The Hang Seng Index rose yesterday, mainly supported by Chinese stocks. The HSCEI closed at 7,399 points, up 31 points, slightly better than the Hang Seng Index; the KSE closed at 4,657 points, up 4 points, with a turnover of 131.8 billion yuan. In addition to mainland property stocks, mainland auto stocks and power stocks have contributed to the market rally. Among them, electric vehicle stocks performed outstandingly. Xiaopeng Motors (9868) surged 13% to close at 121.7 yuan, the best performing stock on the KSE Index; NIO (9866) rose 10% to close at 176 yuan; Ideal Auto (2015) rose 5% to close at 139.5 yuan; BYD (1211) rose 3% to close at 301.2 yuan.

The National Development and Reform Commission’s Price Monitoring Center issued a document saying that all localities should make relevant plans in advance to ensure that the phenomenon of “power cuts” will no longer occur. Stocks were positive. Datang Power (991) surged 7.5% to close at 1.29 yuan; China Resources Power (836) soared 8% to close at 14.62 yuan; Huaneng International (902) surged 10% to close at 3.75 yuan.

Macau’s epidemic situation is urgent, and gambling stocks are under pressure. SJM (880) fell 3% to close at 3.06 yuan; Sands China (1928) fell 2% to close at 14.58 yuan; Galaxy Entertainment (027) fell 1% to close at 40.4 yuan. Hong Kong stocks rose for two days in a row, but local infection cases rose and the atmosphere in Macau was tense.
Hitoshi Rikuha

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