Diversified Real Estate Activities(IN20229.HK)

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Diversified Real Estate Activities
IN20229.HK
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Top 10 HK Stock Gainers (1.15)

BIODLINK-B(01875) rose 67.6%, with a trading turnover 172.2 Million HKD, and a year-to-date rose 67.6%. HAICHANG HLDG(02255) rose 18.37%, with a trading turnover 159.1 Million HKD, and a year-to-date rose 27.5%. GUOXIA TECH(02655) rose 13.79%, with a trading turnover 56.6 Million HKD, and a year-to-date rose 34.2%.

Top Gainers & Losers·
HK
01875
+67.60%
HK
02255
+18.37%
HK
02655
+13.79%
Top Gainers & Losers·
HK
01875
+67.60%
HK
02255
+18.37%
HK
02655
+13.79%

According to the Hong Kong Daily News, the Hang Seng Index closed at 26,923 points, down 76 points; the Hang Seng TECH Index closed at 5,828 points, down 79 points. Trip.com Group-S fell over 19%, while Sun Hung Kai Properties, CK ASSET, CLP Holdings, Bank of China (Hong Kong), and NEW WORLD DEV reached new highs with active trading

The Hang Seng Index closed at 26,923 points, down 76 points or 0.3%; the Hang Seng TECH Index reported 5,828 points, down 79 points or 1.4%. The total market turnover was HKD 290.455 billion. Among the actively traded blue-chip stocks, Alibaba fell 2.6%, Tencent dropped 1.7%, and Ping An rose 1.2%. Trip.com Group-S fell over 19%, while Sun Hung Kai Properties, CK ASSET, CLP Holdings, Bank of China (Hong Kong), and NEW WORLD DEV reached new highs

AASTOCKS·
HK
00017
+9.84%
US
TCOM
-17.05%
HK
09961
-19.23%
AASTOCKS·
HK
00017
+9.84%
US
TCOM
-17.05%
HK
09961
-19.23%

New World Development's large transaction rose nearly 11%, reaching a more than one-year high. The Rosewood Hotel under the company denies the sale

New World Development's stock price opened slightly lower this morning before rising, with a maximum increase of 15.4%, reaching a more than one-year high. The trading volume increased by over 2.8 times compared to the previous day, involving HKD 393 million. Market rumors suggest that Marriott International intends to acquire the Rosewood Hotel Group, to which Marriott has not commented, while Rosewood denied the sale. Morningstar has raised the fair value of New World Development, believing that its asset disposal progress is better than expected. Bank of America Securities expects the Hong Kong residential market to recover in 2026, while Morgan Stanley anticipates that residential property prices will rise by 10% this year

AASTOCKS·
HK
00017
+9.84%
AASTOCKS·
HK
00017
+9.84%

Personnel changes in the New World Group: Huang Shaomei takes charge of New World Department Store; New World stock price once rose over 15%

New World Department Store China (825) announced personnel changes, with Executive Director and CEO Xie Huifang resigning, and Huang Shaomei taking over. The stock price subsequently rose, increasing by 6.9% to HKD 0.31 for the half-day; New World Development (017) saw its stock price rise over 15%, peaking at HKD 9.5, and closing at HKD 9.24 for the half-day. The market holds an optimistic view on real estate stocks, with other real estate stocks such as Sun Hung Kai Properties (016), Sino Land (083), and Cheung Kong (1113) also experiencing varying degrees of increase

Stheadline·
HK
00017
+9.84%
HK
00825
+5.17%
Stheadline·
HK
00017
+9.84%
HK
00825
+5.17%

The Hang Seng Index fell 0.55% at midday, and the Hang Seng TECH Index dropped 1.83%

36Kr learned that the Hang Seng Index fell 0.55% during the midday break, and the Hang Seng TECH Index dropped 1.83%; the retail, media, and healthcare sectors led the decline, with Trip.com Group falling over 19%, Huajian Medical dropping over 12%, and Lehua Entertainment decreasing over 6%; the chemical, oil and petrochemical, and real estate sectors saw the largest gains, with NEW WORLD DEV rising over 12%, Zhongwei New Materials increasing over 5%, and CNOOC up over 2%; southbound funds had a net outflow of HKD 13.1663 million

36Kr·
HK
00017
+9.84%
SH
600938
+1.59%
HK
00883
+2.49%
36Kr·
HK
00017
+9.84%
SH
600938
+1.59%
HK
00883
+2.49%
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$NEW WORLD DEV(00017.HK)HSBC Global Research has lowered the target price of New World Development (00017) for two consecutive months, from HK$4 last month to HK$3.66. HSBC's report pointed out that i...

A scoop quoted by Hong Kong media from foreign media, the big influencer on Xiaohongshu, the heir of the New World Group, Adrian Cheng is likely to step down!

 

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$NEW WORLD DEV(00017.HK) announced its ...

$NEW WORLD DEV(00017.HK) New World Development's stock dropped over 10% today. How could such a big event go unnoticed?

Summary of what happened:

1. New World Development issued a profit warning: Expec...

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