匠心投研
2024.10.28 10:46

Three former 100-billion-yuan real estate companies to delist tomorrow?

portai
I'm PortAI, I can summarize articles.

Hello everyone, I am Jiangxin, and this is my review notes.

Market Index:

Hong Kong Market Closing: Hang Seng Index rose slightly by 0.04%, Tech Index up 0.79%, HSCEI up 0.08%, Hang Seng trading volume was 130 billion, shrinking again, and it's still Monday

Stock Performance:

Most tech stocks rose, Bilibili-W (9626.HK) up 5.16%, Kuaishou-W (1024.HK) up 3.05%, Xiaomi Group-W (1810.HK) down 1.73%, Alibaba-W (9988.HK) up 1.36%, JD Group-SW (9618.HK) up 1.28%, Tencent Holdings (0700.HK) down 0.90%, Meituan-W (3690.HK) up 0.16%, NetEase-S (9999.HK) up 0.08%

Key News:

Reports suggest Xiaomi car dealerships earn over 2 million yuan in monthly profit

Three real estate companies delisted from HKEX tomorrow, all once aimed for "100 billion" target: On October 24, Jiayuan International Holdings (2768.HK), Datang Group Holdings (2117.HK), and Dafa Properties (6111.HK) announced their stocks will be delisted starting October 29. The delisting is due to failure to meet HKEX's resumption guidelines, including financial reporting and liquidation order resolution within the 18-month suspension period.

Media reports suggest China Iron and Steel Association is accelerating research on capacity governance and mergers. The association has initiated special research and proposed policy recommendations to promote mergers and improve exit mechanisms. Steel stocks surged on this news.

Today's Content:

Among the stocks resuming trading today, two are real estate companies:

Among them,$XINMING CHINA(2699.HK) surged over 200%+, while LIGAO Group and LIGAO Health Life fell over 70%+. One narrowed losses, while the other expanded losses.

However, LIGAO Group and LIGAO Health Life provided great intraday trading opportunities for day traders today.

Recently, I started paying attention to A-shares. Indeed, when it comes to speculation, A-shares are the real deal. Take Shuangcheng Pharmaceutical (002693.SZ), for example—24 limit-ups in 27 days. If this were in Hong Kong, only penny stocks could pull this off, but how many penny stock traders can exit unscathed?

Many U.S. stocks are reporting earnings this week:

I’ve calculated the average earnings moves over the past 2-3 years. SNAP is a hot stock for betting on earnings volatility, and I might participate.

3. Leaderboard Review:

52-week highs are increasing again. Keep it up!

Daily Leaderboard Details:

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