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Northbound capital direction | Northbound capital net sell of 7.019 billion. Domestic capital continues to increase its position in MEITUAN-W (03690), selling chip stocks throughout the day.
On April 25th, in the Hong Kong stock market, the northbound capital had a net Sell of 7.019 billion HKD, of which the SH->HK Connect had a net Sell of 2.159 billion HKD, and the SZ->HK Connect had a net Sell of 4.861 billion HKD.
Trending Industry Today: SUNAC Leads Gains In China Mainland Real Estate Stocks
Hong Kong stocks move | Mainland Real Estate stocks surge strongly, RADIANCE HLDGS (09993) skyrocketed over 70%, Institutions are bullish on the recovery of Real Estate.
Mainland Real Estate stocks are surging, as of the time of writing, RADIANCE HLDGS (09993) is up 72.44%, at 3.9 HKD; RONSHINECHINA (03301) is up 13.25%, at 0.265 HKD; R&F PROPERTIES (02777) is up 10.09%, at 1.2 HKD.
The Finger Research Institute: In the first quarter, the average rent for office buildings in key commercial areas of major cities across the country fell by 0.73% month-on-month.
In the first quarter of 2025, the average rental price of office buildings in major commercial areas of key cities nationwide was 4.58 yuan/square meter/day, a month-on-month decline of 0.73%, with the decrease expanding by 0.12 percentage points compared to the fourth quarter of the previous year, and a year-on-year decline of 2.1%.
Housing Market Stalls as Homeowners Struggle to Sell
According to reports, SUNAC (01918) is expected to complete its debt restructuring by the end of this year or the beginning of next year.
Jinwu Financial News | It has been reported that SUNAC (01918) financial advisors informed creditors that they expect to complete a debt restructuring by the end of this year or early next year, urging creditors to support their so-called 'only viable' plan. The report indicated that representatives from Houlihan Lokey pointed out in Thursday's investor conference call that SUNAC expects to continue facing liquidity pressure and headwinds in China's Real Estate Industry, emphasizing that a simple repayment plan is not practical for Overseas creditors, essentially delaying the issue. Additionally, a Hong Kong court is set to hold a liquidation hearing on April 28.
103046862 : Dilute existing shareholders?