REAL ESTATE STOCKS Chinese property developers stocks, bonds rally on expectation of further policy support >>>
POLICY & REGULATION REAL ESTATE Chinese regulators told banks to maintain real estate loan growth, drafting whitelist of developers for financing support – report >>>
FOREX Chinese yuan hit strongest level since Aug amid dollar weakness, economic recovery driven by stepped-up stimulus >>>
DATA MACRO China’s inbound FDI fell 9.4% on year in Jan – Oct, FDI in services sector slid 15.9% – commerce ministry >>>
MACRO VIEWS & ANALYSIS UBS sees China’s GDP growth to slow to 4.4% next year, remains bullish on China’s stock market >>>
DATA MACRO China’s installed power capacity rose 12.6% on year, investment in power generation projects surged 43.7% >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS HKEX’s average daily turnover so far in Q4 fell 31% on year, target price raised slightly to HK$296, with Neutral rating – UBS >>>
COMMODITIES DATA China’s lithium carbonate futures hit new record low, spot prices fell for 22nd straight day to hit two-year low >>>
DATA VIEWS & ANALYSIS China’s passenger car demand to stay resilient next year, NEV sales expected to reach 12 mln units – CICC >>.
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs raised Apple supplier AAC’s target price by 11%, citing recovery of smartphone lens market >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Nomura lowered Alibaba’s target price, reiterating Buy rating >>>
MACRO POLICY & REGULATION Chinese Foreign Minister Wang Yi met delegation of Arab, Muslim ministers in Beijing >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS JPMorgan maintains overall upbeat view on Chinese airlines, lowered target prices on three largest carriers >>>
DATA REAL ESTATE VIEWS & ANALYSIS Average home mortgage rates in China’s major cities fell further in Nov, waiting time for loan approval hit shortest since 2019 – research >>>
COMPANY NEWS STOCKS China’s top edible bird’s nest product company Yan Palace cleared Hong Kong listing hearing >>>>
REAL ESTATE STOCKS Chinese property developers rallied in Hong Kong after regulators pledged further support >>>
COMPANY NEWS Li Auto to start mass production, delivery of first pure electric vehicle MEGA in Feb >>>
MACRO POLICY & REGULATION Chinese’s commerce minister Wang Wentao met US Secretary of Commerce Gina Raimondo >>>
MACRO POLICY & REGULATION REAL ESTATE Chinese financial regulators held meeting with financial institutions on credit expansion, real estate financing, local government debt risks >>>
COMPANY NEWS STOCKS Gome Retail surged up to 90% on report plan to open 10,000 supermarkets in next three years >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS CICC cut Alibaba H-shares’ target price by 20% to HK$108, maintaining Outperforming rating >>>
BONDS DATA MACRO China’s holdings of US Treasuries hit lowest since May 2009, fell below $800 bn mark >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs keeps Buy rating on Alibaba, with target price at HK$131 >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Tencent replaced Alibaba to become top pick, rating maintained at Overweights – Morgan Stanley
COMPANY NEWS STOCKS VIEWS & ANALYSIS Morgan Stanley removed Alibaba from top picks, slashed target price to $110, but maintained Overweight rating >>>
COMMODITIES STOCKS VIEWS & ANALYSIS Goldman Sachs expects Lenovo’s PC shipment growth turn positive in Dec quarter, raises target price by 14.6% >>>