MACRO POLICY & REGULATION REAL ESTATE TOP China’s Politburo vowed for first time to study measures to “digest housing inventory”
MACRO POLICY & REGULATION REAL ESTATE VIEWS & ANALYSIS Politburo sent positive signals for real estate market, authorities’ stance becomes more supportive – research
MARKET STOCKS VIEWS & ANALYSIS Hong Kong stock rally mainly driven by investors shifting funds seeking safe haven, more fundamental drivers needed to retain capital – research
AUTO COMPANY NEWS MARKET STOCKS Chinese EV makers rally, Nio surges over 20% after Apr delivery hit highest this year
DATA REAL ESTATE TOP VIEWS & ANALYSIS China’s housing market remained weak in Apr, major developers’ sales tumbled 45% on year
DATA REAL ESTATE New home prices in China’s major cities rose in Apr, second-hand home prices fell for 24th straight month
MARKET REAL ESTATE STOCKS TOP Chinese property developers rally after Politburo vowed to “digest housing inventory”, Beijing relaxed home purchase restrictions for first time in 13 years >>>
POLICY & REGULATION REAL ESTATE TOP China’s capital Beijing relaxed home purchase restrictions for first time in 13 years to boost sluggish housing market
COMMODITIES COMPANY NEWS DATA TOP VIEWS & ANALYSIS Chinese steelmakers’ profit tumbled 48% in Q1, face great difficulties – industry association
MACRO POLICY & REGULATION TOP China’s Politburo vowed to step up support for economy, to hold key meeting in July
DATA MACRO TOP Private survey shows China’s factory activity expanded fastest in 14 months in Apr, export demand grew fastest in over three years
DATA MACRO TOP China’s factory activity expanded for 2nd straight month in Apr, production picked up, demand grew at slower pace
POLICY & REGULATION REAL ESTATE TOP More major Chinese cities remove home purchase restrictions, introduce supportive measures to bolster sluggish housing market
DATA MARKET STOCKS TOP Overseas investors’ net buying of A-shares hit new high as market sentiment improves, YTD net buying rose over 60% from full-year amount in 2023
AUTO COMPANY NEWS POLICY & REGULATION TOP Chinese Premier Li Qiang met Tesla CEO Elon Musk, called for cooperation on equal footing, mutually beneficial >>>
COMMODITIES COMPANY NEWS State-owned oil giant Sinopec’s Q1 net income fell as weak petrochemical profit, rising material cost weighed
DATA MACRO TOP China’s industrial profit declined again in Mar, foundation for recovery still not solid
CHINA-US & MORE MACRO POLICY & REGULATION TOP China, US reached five-point consensus after meeting between Chinese Foreign Minister Wang Yi, US Secretary of State Antony Blinken
MARKET STOCKS TOP Hong Kong stocks stage sharp rally, mainland Chinese securities brokers, property developers surged
COMPANY NEWS MARKET STOCKS TECH VIEWS & ANALYSIS UBS raises target price of Xiaomi to HK$20, sees SU7’s market share in China to reach 1.6% by end of 2025
COMMODITIES MARKET China’s shipping futures hit new record high after Houthi armed group attacked US, Israeli vessels
COMPANY NEWS MARKET STOCKS TECH VIEWS & ANALYSIS Tencent’s overseas game recovery overlooked, target price raised to HK$438 – UBS
COMMODITIES COMPANY NEWS MARKET STOCKS VIEWS & ANALYSIS CNOOC’s Q1 earnings beat expectations driven by higher-than-expected production, target price raised by 9%. to HK$24 – CICC
REAL ESTATE VIEWS & ANALYSIS UBS analysts turned bullish on China’s property market after being first to cut China Evergrande to sell
BONDS COMPANY NEWS REAL ESTATE STOCKS Country Garden plans to present preliminary offshore debt restructuring proposal as early as Jun – report
COMPANY NEWS MARKET REAL ESTATE STOCKS TOP Chinese property developers stage strong rally amid improving market sentiment
COMPANY NEWS MARKET STOCKS TECH AI software company SenseTime continue to rally to hit three-month high
COMMODITIES DATA TOP VIEWS & ANALYSIS China’s gold consumption rose nearly 6% in Q1 driven by safe-haven demand, gold production surged 21% boosted by rising gold prices