Home » Business » May Housing Starts and Building Permits in the US Exceeded Expectations despite Market Challenges

May Housing Starts and Building Permits in the US Exceeded Expectations despite Market Challenges

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The number of new housing starts and building permits in the United States in May far exceeded market expectations, reflecting that the real estate market has not slowed down significantly due to high interest rates. Coupled with the defeat in the war in Ukraine and the mediocre rate cuts in China, US stocks closed down 245 points, Hong Kong stocks The night period was also under pressure, and the night period fell 236 points to close at 19347 points. In a few days, it has changed from challenging the 20,000 level to retreating to the 19,000 level.

Zhang Yong retreated rapidly, and Alibaba’s stock price took a turn for the worse. After falling 1.5% in Hong Kong, Alibaba’s U.S. stock fell another 2.6% in Hong Kong, closing at HK$86.01 in conversion. Chinese concept stocks performed poorly. The Nasdaq China Golden Dragon Index fell 4.9%, fell below the 7,000-point mark, and closed at 6,711 points.

ADR converted into Hong Kong dollars Changes compared with the closing price in Hong Kong Meituan ADR 128.38 -3.0% Tencent ADR 341.91 -2.3% HSBC ADR 61.62 +0.2% Alibaba US stocks 86.01 -2.6%

Beishui Transcribed Nearly 3 Billion Net Outflows Big Sucks Index ETF Selling Tencent Wuming

The downturn in Hong Kong stocks continued, and Beishui also turned around and sold goods, recording a net outflow of 2.95 billion yuan for the whole day.However, funds continue to absorb index ETFs, Tracker Fund (02800)
and Hang Seng China Index ETF (02828)
Recorded net inflows of 1.07 billion and 340 million yuan respectively, China Shenhua (01088)
Then attract 130 million yuan.In terms of net outflow, Tencent (00700)
And WuXi Biologics, whose share price jumped 17% (02269)
The investment was 1.1 billion and 990 million yuan respectively.

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WuXi Biologics invests 17%, CLP rises nearly 8% against the market, HSI falls 305 points throughout the day

Hong Kong stocks continued to retreat, and fell about 300 points. The Hang Seng Index opened 49 points lower, and then gradually expanded its decline. It once fell 408 points in the afternoon, reaching a low of 19,504 points. The Hang Seng Index fell 305 points to close at 19607 points, with a turnover of 91 billion yuan. The benchmark index fell 2.5 percent to 4,075 points.WuXi Biologics (02269)
Plunged 17%, CLP (00002)
It bucked the trend and rose by nearly 8%, while ATM fell by more than 1% to 3%.

HSI Constituents Closing Price
(yuan) amplitude
(%) Contribution/Drag
Hang Seng Index (Points) P/E Ratio
(times) CLP 61.80 +7.9 +14 168 Galaxy Entertainment 53.40 +1.7 +3 -67 HSBC 61.50 +0.2 +2 10 Tencent 350.00 -2.0 -33 15 Meituan 132.30 -3.4 -42 -104 WuXi Biologics 38.75 -17.0 – 48 31

The dynamics of US stocks are constantly updated. For details, please see:【Next page】

Dahong report:

[Reputation Report|Interior Real Estate Investment]Country Garden Longfor fell 5% in half a day; Morgan Stanley: Inner Real Estate’s sales in June were dismal and expected to fall by double digits

[Reputation Report|Cathay Pacific]Cathay Pacific rose more than 3% against the market. Bank of America: Earnings recovery and valuation attractive, target price raised to 10 yuan

Financial Journal:

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Current market trend:

[03:00]Night futures fell 236 points to close at 19347 points

[22:10]The Hang Seng Index fell by 163 points at night

[18:30]Beishui recorded a net outflow of nearly 3 billion, the Massive Index ETF sold Tencent WuXi, and the Hang Seng Index fell 16 points at night.

[18:18][Reputation View]HSBC Asset Management: Foreign investors’ holdings in Asian stocks are low, and Chinese stocks can benefit from policy stimulus

【17:58】【Report from a major bank|Inland Real Estate】HSBC Research makes three suggestions on the domestic real estate policy, which Chinese real estate stocks are preferred?

[17:28][Vitasoy 345]Vitasoy: A series of measures have been implemented to control costs. “If everything is done well and the cost ratio cannot be reached, a price increase will be considered.”

[16:58][Ying Jing Ying Xi]Tsui Wah is expected to turn losses last year, with a net profit ranging from 50 million to 60 million yuan, benefiting from the sale of properties and returning to normal after the epidemic

[16:57][Dahong Report]WuXi Bio’s analyst meeting sent a shocker and detonated the stock price of the whole day by 17%

[16:29][MPF]This year, MPF has temporarily risen by more than 4%

[16:20][New IPO]Goldman Sachs once again retired as the overall coordinator of the Chinese IPO. Keep reportedly strives for a listing price of 780 million yuan this month

【16:10】WuXi Biologics (02269)
Plunged 17%, CLP (00002)
Against the market, it rose nearly 8%, ATMs fell by more than 1% to 3%, and the Hang Seng Index fell 305 points to close at 19607 points, with a turnover of 91 billion yuan. The benchmark index fell 2.5 percent to 4,075 points.

ET Caizhi Talk

【ET Caizhi Talk】Analysis of the trend of the US dollar in the second half of the year

[16:00]The Hang Seng Index fell 307 points to 19605 points before the U disk.

[15:44][Artificial Intelligence]Morgan Stanley: China’s AI development has entered a turning point and is expected to bring 53 trillion opportunities to the Internet industry

[15:38]HSBC (00005)
The market stabilized in the late market, turning up 0.2%, reaching a high of 61.5 yuan.

[14:58]The Hang Seng Index fell by about 322 points to 19590 points. It reached as low as 19504 points in the afternoon, and the KSCI fell 2.5% to 4071 points.

[14:55]CLP (00002)
The latest rose 7%, reaching a high of 61.35 yuan.

【14:54】WuXi Biologics (02269)
The selling pressure was heavy, and the decline expanded to more than 17%, reaching a low of 38.5 yuan.

【14:49】【PetroChina 857】PetroChina intends to sign a 27-year gas supply contract with Qatar and participate in the LNG project

[14:47]Lianwang (08217)
The latest rise was 1.7 times, breaking the peak at 0.245 yuan.

[14:37][Xiaomi 1810]Xiaomi Lei Jun: I spent a lot of time learning AI, and said that I will actively embrace the new era of AI large models

[14:22]ZTE (00763)
In the afternoon, the increase was further expanded, and the latest increase was 8%, breaking the peak at 30.9 yuan, the fifth consecutive day of gains.

[14:14]Alibaba (09988)
The decline further expanded to nearly 2%, and Meituan (03690)
fell more than 4%, Tencent (00700)
fell more than 2%.

【14:13】SMIC (00981)
down 6%. As low as 21.05 yuan.

[14:11]The market fell nearly 400 points to 19522 points, down 390 points, WuXi Biologics (02269)
Insert 15%, as low as 39.25 yuan.

[13:25]Country Garden (02007)
Country Garden Services (06098)
fell more than 6% respectively.

[13:19]Meituan (03690)
In the early afternoon, it fell 4%, reaching a low of 131.5 yuan.alibaba (09988)
down 0.6%, Tencent (00700)
fell more than 2%.

[13:11]Lianwang (08217)
The increase doubled, and the peak was 0.178 yuan, and the transaction was only 380,000 yuan.

[13:08]Alibaba (09988)
The decline narrowed to 0.2 percent at 89.5 yuan.

【Alibaba 9988】Letter from all employees of Zhang Yong: The most critical moment of the spin-off of Alibaba Cloud requires full dedication

[13:05]Genting Shinyao (01952)
The increase expanded to 34%, reaching a high of 19.86 yuan.

[13:00]The Hang Seng Index fell nearly 300 points in the early afternoon to 19612 points, down 299 points. The benchmark index fell 2.5 percent to 4074 points.alibaba (09988)
The decline narrowed to 0.8% in the afternoon, at 88.95 yuan.

【12:44】Xinji Shaxi (03603)
A trading halt was announced at noon.

【12:44】[Performance|Food]Vitasoy earns 45.72 million yuan for the whole year and repays final dividend of 1.4 cents

[12:15][Alibaba 9988]Cai Chongxin will succeed Zhang Yong as the chairman of Alibaba, and Wu Yongming will be the CEO on September 10. Zhang Yong: Fully promote the spin-off of Alibaba Cloud

[12:00]The Hang Seng Index fell 303 points in half a day to 19609 points, falling below the 50-day moving average (currently at about 19685 points), with a turnover of 43.5 billion yuan. The benchmark index fell 2.6 percent to 4071 points.meituan (03690)
fell more than 3%, Tencent (00700)
down 2%, Alibaba (09988)
Falling more than 1%, mainland real estate and new energy vehicle stocks fell, Country Garden (02007)
Fell more than 5%, Xiaopeng Motors (09868)
fell nearly 7%, CLP (00002)
Up nearly 6% against the market, Genting Shiny Yao (01952)
Soared 29%.

[11:41]The Hang Seng Index fell 315 points to 19,597 points before the market closed at noon, and the KSCI fell 2.6% to 4,071 points.

[11:32]Genting Xinyao (01952)
The increase expanded to 30%, reaching a high of 19.48 yuan.

[11:31]The Shanghai Stock Exchange fell 0.2% in half a day, the Shenzhen Stock Exchange rose 0.2%, and the ChiNext Index rose 0.4%.

[11:29]Lianwang (08217)
The dry rose 60%, the high was 0.152 yuan, and the transaction was only 148,000 yuan.

[11:23]HSBC (00005)
down 0.5%, AIA (01299)
fell 0.7%, China Mobile (00941)
fell 1%, HKEx (00388)
down nearly 2%.

[11:12]Meitu (01357)
The increase narrowed to more than 3% to 2.95 yuan, which was as high as 3.29 yuan this morning.

[10:57]Genting Shinyao (01952)
Against the market, it rose more than 24%, reaching a high of 18.3 yuan. Its IgA nephropathy drug Naifukang is expected to be approved in the fourth quarter.

【10:55】WuXi Biologics (02269)
It fell more than 5%, reaching a low of 43.85 yuan.

[10:53]The decline in Hong Kong stocks has stabilized slightly. The Hang Seng Index recently fell by about 255 points to 19657 points. It was as low as 19607 points this morning.

【10:45】【New IPO】Adikon 9805 Margin Temporary Record 7.25 million Yuan Kai Medical 2105 Margin Temporary Record 52.79 million Yuan

[10:38]The Hang Seng Index fell nearly 300 points to 19621 points, a drop of 291 points, and the KCI fell 2.3% to 4081 points.

[10:31]CLP (00002)
The increase expanded to more than 6%, reaching a high of 60.85 yuan, gas (00003)
Up 0.4%, electric energy (00006)
rose more than 1%.

【10:26】Meituan (03690)
fell more than 3%, Tencent (00700)
Alibaba (09988)
fell more than 1%, Jingdong (09618)
,Millet (01810)
fell more than 2%.

【10:21】Ninety nine (09922)
Falling more than 6%, Haidilao (06862)
Xiabu Xiabu (00520)
fell more than 5%.

【10:17】【New IPO】Mainland e-commerce SaaS Jushuitan submits an article to see the IPO news (continuously updated)

[10:15]Wei Xiaoli vomited, among which Xiaopeng Motors (09868)
fell 7%, Weilai (09866)
Fall more than 3%, ideal car (02015)
fell more than 2%.

[10:11][CLP 002]CLP rose more than 4%, Macquarie is reported to be negotiating to buy up to 50% of the shares of Energy Australia, a subsidiary of CLP Australia

[09:59]Alibaba (09988)
Zaigu Shang Tang (00020)
Shang Tang fell more than 2%, as low as 2.23 yuan.

[Shangtang 20]Alibaba’s Mimigu Shangtang cashed out more than 500 million yuan in less than two weeks

【09:54】Ideal car (02015)
fell more than 1%, Weilai (09866)
Fell more than 2%, Xiaopeng Motors (09868)
fell more than 3%.

[09:49]Cathay Pacific (00293)
The stock price bucked the trend and rose by more than 3%, reaching a high of 8.1 yuan.

【09:48】Tencent (00700)
down 0.8 percent, Alibaba (09988)
Down 1%, Meituan (03690)
fell more than 2%.

[09:46]The market fell by 200 points to 19,700 points.

【09:44】Gambling stocks are doing well against the market, blue-chip GEG (00027)
rose more than 2%, Sands (01928)
rose more than 1%.In addition, Wynn (01128)
rose more than 2%, MGM (02282)
rose more than 3%, SJM (00880)
up nearly 3%, Melco (00200)
Up to half a percent. According to the Statistics and Census Bureau of Macau, there were 2.213 million tourist arrivals in May, an increase of 2.7 times year-on-year.

【09:42】China and Overseas (00688)
Falling more than 1%, Rundi (01109)
Fall more than 2%, Country Garden (02007)
Down 5%, Agile (03383)
Longfor (00960)
fell more than 3%.

[09:37]The Hang Seng Index fell by more than 100 points at the beginning of the market opening to 19802 points, down 110 points, and the KSCI fell 0.5% to 4157 points.

[09:37]Baidu (09888)
It bucked the trend and rose 2%, reaching a high of 145.9 yuan.

[09:35]ZTE (00763)
Day after day, the stock price rose by more than 5% this morning, reaching a peak of 30.2 yuan.

[09:33]CLP (00002)
It went against the market and rose 4% to reach a high of 59.65 yuan.

[09:31]Meituan (03690)
After the market opened, it rose by 10%, with a high of 3.18 yuan and a turnover of 130 million yuan.

【09:30】Zero Motors (09863)
Relying on a steady rise of 0.1%, the turnover was nearly 150 million yuan.

[09:27]Medical Thinking Health (02138)
Issued a profit warning, expecting full-year profit to fall by up to 61% year-on-year, and the stock price opened more than 3% lower.

[Yingxi Yingying]Medical Health expects full-year profit to drop by up to 61% year-on-year

【09:23】E-House (02048)
It opened nearly 7% lower and opened at 0.27 yuan. E-House plans to “10 for 12”, the rights price per share is 0.23 yuan, a 20.7% discount to yesterday’s closing price, and it is expected to raise 483 million yuan.

[Domestic Housing Crisis]E-House plans to use “10 for 12” to collect 480 million yuan, with a 21% discount, and the proceeds from the rights issue will be used for debt restructuring

【09:21】Tencent (00700)
down 0.9 percent, Alibaba (09988)
down 0.2%, Meituan (03690)
Up 0.2%, Meitu (01357)
With another 5% rise, the Hang Seng Index opened 49 points lower at 19,863 points, while the KCI fell 0.2% to 4,168 points.

[Alibaba 9988]It is rumored that Zhang Yong will step down as chairman and CEO of Alibaba to focus on Alibaba Cloud business development

[Alibaba 9988]Jack Ma recently appeared frequently in China and Japan last week

[Alibaba 9988]Jack Ma summoned a closed-door meeting to propose the three future directions of Taobao and Tmall, taking Nokia and Kodak as examples, “It doesn’t take a year to go from benchmarking to death”

[09:16]The People’s Bank of China lowered the quoted market interest rate (LPR) for one-year and five-year loans by 10 basis points to 3.55% and 4.2%, respectively.

【LPR】China’s June LPR both lowered by 10 pips to 3.55% for the 1-year term and 4.2% for the 5-year term

[09:13]The futures index opened 23 points lower and reported 19873 points.

[08:53]The Hang Seng Index black futures rose about 6 points to 19894 points, and the Dow futures fell 102 points to 34502 points.

[08:50]Poly Culture (03636)
A trading halt is announced before the market opens.

[08:50]China Medical Network (00383)
,Tian’an (00028)
United Group (00373)
Trading resumed this morning.

【07:45】[GEM transferred to the main board]Feifei Yueling was approved to transfer to the main board for listing on the 27th

[07:45][Morning Highlights]Jack Ma summoned a closed-door meeting to propose three directions for Taobao and Tmall in the future ︱ Hong Kong Stock Exchange’s dual-counter model debuts.

[07:45]The night futures of the Hang Seng Index rose 17 points to close at 19913 points.HSBC (00005)
The London equivalent closed at HK$61.45, 0.1% higher than the closing price in Hong Kong

[07:30]U.S. stocks are closed on Monday for holidays. European stocks fell, the pan-European STOXX 600 index closed down 1.02% to 462 points, the German DAX index fell 0.96% to 16201 points, the French CAC40 index fell 1.01% to 7314 points, the British FTSE 100 index fell 0.7% to 7588 points .

For the market conditions of Hong Kong stocks from the previous day, please see for details:[Hang Seng Index Night Futures]The night market closed up 17 points and HSBC London was stable (continuously updated)

[Shi Sir’s one-week outlook and stock changes]Hong Kong and China Gas, CSPC, Aluminum Corporation of China

Shi Sir’s one-week outlook and changes in stocks

[ShiSir’sone-weekoutlookandstockswithchanges):HongKongandChinaGasCSPCAluminumCorporationofChina(watchnow)

Responsible editor: Liang Haoshuo

2023-06-20 20:58:00
#Hang #Seng #Index #Night #Futures #ADRThe #night #market #closed #points #Chinese #concept #stock #index #fell #Alibaba #stocks #fell #Hong #Kong #continuously #updated #Hong #Kong #Economic #Daily #Instant #News #Channel #Market #Finance #Stock #Market

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