REAL ESTATE VIEWS & ANALYSIS Mainland property shares expected to pick up in near term driven by sales, policy – JPMorgan >>>
COMPANY NEWS VIEWS & ANALYSIS Huawei’s new phone won’t affect Xiaomi’s strategy, new flagship Mi 14 and EV next year remain positive catalysts – Citi Research >>>
DATA REAL ESTATE VIEWS & ANALYSIS Fitch Ratings lowered forecast of China’s new home sales in 2023 >>>
MACRO POLICY & REGULATION REAL ESTATE VIEWS & ANALYSIS China’s recent policy easing to help restore homebuyers’ confidence, government to gradually shift from Phase-1 relaxation to Phase-1 – Goldman Sachs >>>>
POLICY & REGULATION REAL ESTATE VIEWS & ANALYSIS China’s top-tier cities relaxing ‘1st home definition should stabilize market sentiment; state-owned developers to benefit most – JPMorgan >>>
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS BofA Securities slashed Country Garden’s target price by 30% to HK$0.9 >>>
POLICY & REGULATION REAL ESTATE VIEWS & ANALYSIS China’s real estate fundamentals expected to start stabilizing from Sept – Citic Securities >>>
DATA REAL ESTATE VIEWS & ANALYSIS Major Chinese property developers’ sales declined further in Aug, major cities’ home sales hit lowest for same period since 2016 >>>
MACRO VIEWS & ANALYSIS Moody’s kept China’s 2023 growth forecast at 5%, cut 2024 forecast to 4% from 4.5% >>>
COMPANY NEWS REAL ESTATE STOCKS VIEWS & ANALYSIS Country Garden to issue HK$270 million new shares to offset debt >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs slightly cut Zijin Mining’s target price, kept it on Conviction Buy list >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs lowers target price of Apple supplier AAC Tech to HK$20.5, rating kept at Buy >>>
BONDS COMPANY NEWS REAL ESTATE VIEWS & ANALYSIS Moody’s downgraded property developer Longfor to Baa3, placed it under review for possible further downgrades >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS HSBC Global Research lowered ENN Energy’s target price to HK$100 from HK$127, kept Buy rating >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Citi Research slashed ENN Energy’s target price from HK$118 to HK$83, cut rating to Neutral from Buy >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS UBS cut Meituan’s target price to HK$190, rating kept at Buy >>>
STOCKS VIEWS & ANALYSIS Goldman Sachs lowered target for MSCI Asia Pacific ex Japan citing spillover of China’s real estate market pressure >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs cut Sunny Optical’s target price to HK$78 from HK$86, with Neutral rating >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS JPMorgan slashed target price of Sunny Optical to HK$78 from HK$97, maintains Neutral rating >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS BofA Securities cut target price of Sunny Optical to HK$55, with Outperform rating >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Chinese retailer Miniso surged for 3rd straight day to hit new record high, several banks raised target prices >>>
BONDS COMPANY NEWS REAL ESTATE VIEWS & ANALYSIS Fitch Ratings downgrades Country Garden Services to junk grade, places it on negative watch >>>
STOCKS VIEWS & ANALYSIS BofA Securities slightly raised Kuaishou’s target price, hiked EPS forecasts >>>
MACRO POLICY & REGULATION VIEWS & ANALYSIS China’s LPR cut smaller than MLF rate cut, may help hedge against risks of banks’ narrowing NIM – CICC >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS China’s industrial commodity futures continued to rally, iron ore closed 3.7% up >>>
MACRO VIEWS & ANALYSIS Market disappointed by China’s LPR cut, China’s new home sales expected to drop 10 – JPMorgan >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Citi Research cut target price for China Resources Cement to HK$4.4 from HK$6.3 >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs cut Longfor Group’s target price to HK$26 from HK$33, rating kept at Buy >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Jefferies cut JD Health’s target price to HK$66 from HK$80, keeps Buy rating >>>