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After the “Budget” announced the reduction of the ad valorem stamp duty band, the first brand new project launched for sale is Lantian KOKO ROSSO developed by Wheelock Properties. Today (24th) the first round of sale is 148 units. The discounted price starts from 5.545 million yuan . The project opened at a low price last week. The first batch of 88 units has a discounted average price of 17,973 yuan per square foot, which is about 10% lower than the discounted average price of the first phase of KOKO HILLS of 19,995 yuan two and a half years ago. The lot closed yesterday with 6,594 votes, oversubscribed by more than 43.5 times, that is, about 45 people competed for one group. Today’s sale situation is also quite crowded, attracting more than 500 prospective buyers and agents.

Once purchased the same unit of Wheelock and Fung, he is optimistic about the prospects of the property market

Ms. Yu, a retiree currently living in Lantau Island, decided to spend 6 million yuan to buy a flat because she intends to move out of the urban area.

Regarding the government’s relaxation of tax bands this time, she believes that tax cuts will help speed up the decision to enter the market, and she is also optimistic about the prospects of the property market. She also bought a unit of the same series from Wheelock earlier, and felt that the quality of the property in Wheelock was “well done”.

Ms. Yu, a retiree who currently lives in Lantau Island, also bought a similar unit from Wheelock earlier. (Photo by Huang Youhua)

↓KOKO ROSSO’s first round of sales scene↓

5.54 million discounted admissions for one room

Among the 148 units on sale in the first round today, including 38 one-bedroom units (open kitchen), 67 two-bedroom (open kitchen), and 43 two-bedroom (stem kitchen) units, the usable area ranges from 268 to 497 square feet, with the highest deduction 12% discount, the discounted price is 5.545 million to 9.215 million yuan, and the discounted price per square foot is 17,158 to 22,209 yuan.

The entry unit is Room J on the 3rd floor of Block 6, with a usable area of 300 square feet, one room with an open kitchen partition. In terms of discounted price, 35 units (24%) are below NT$6 million, 94 units (64%) are below NT$8 million, and the discounted price of all units is below NT$10 million.

Are there any adjustments to the property market measures in the Budget?

How many residential sites will be launched in the 2023/24 Land Sale Program?

The new fiscal year will be launched12 residential sitesHong Kong Island and Kowloon each have 2 plots of land, while the New Territories occupy 8 plots.

In the 2023/24 Land Sale Program, which piece of land is the most valuable and has the highest valuation?

↓↓KOKO ROSSO one bedroom with study demonstration unit↓↓

Happiness came too suddenly. The Beijing Stock Exchange 50 Index achieved “nine consecutive gains” in a very low-key manner, setting a new record for the Beijing Stock Exchange.

This record is very rare for the Beijing Stock Exchange 50 Index, which has just been launched for a little over two months. Compared with the domestic capital market, this record is relatively rare. The Shanghai Stock Exchange Index once created the “Eleventh Lianyang” from the end of 2017 to the beginning of 2018.

From the perspective of individual stocks, new stocks on the Beijing Stock Exchange are popular.Tianhong lithium battery (873152) andOufu Egg Industry(839371) The share price successfully doubled in just 5 trading days.

In addition, the turnover of the Beijing Stock Exchange has exceeded 2 billion yuan for two consecutive trading days. On January 31 and February 1, the turnover of the Beijing Stock Exchange was 2.395 billion yuan and 2.171 billion yuan.

The Beijing Stock Exchange 50 Index achieved “nine consecutive gains” in a low-key manner

In December 2022, the first-day breakout rate of new shares on the Beijing Stock Exchange reached 87.50%. Especially in mid-December last year, the first-day breakout rate of new shares was as high as 100%, and all 10 listed companies broke out. However, no one thought that entering 2023, the Beijing Stock Exchange 50 Index would unknowingly achieve “nine consecutive rises”.

According to data from the Kubei Research Institute, the Beijing Stock Exchange 50 Index hit a new low on December 29, 2022 since its launch on November 21, 2022. After that, the Beijing Stock Exchange 50 embarked on a unilateral upward trend. Especially during the 10 trading days from January 13th to February 1st, although there were two days of “recession”, it achieved “nine consecutive rises”, setting a new record for the Beijing Stock Exchange.

This record is relatively rare even in the Shanghai and Shenzhen stock markets that have been established for 40 years. According to the data, the Shanghai Stock Exchange Index once created the “Eleventh Lianyang” from the end of 2017 to the beginning of 2018. The Shanghai Index once again had “Ten Lianyang” on March 24, 2015, during the bull market, and rose by 19.71% within one month thereafter.

These two stocks doubled in price in 5 trading days

With the strength of the Beijing Stock Exchange, which stocks are sought after?

New shares are the most sought after funds. Two new stocks listed on January 18 and 19 respectivelyOufu Egg IndustryTianhong lithium battery had the largest increase, and its share price successfully doubled in just 5 trading days.

Tianhong Lithium Battery is an enterprise engaged in R&D, design, assembly and sales of lithium-ion battery modules. It is a national-level professional and new “little giant” enterprise. It was listed on the Beijing Stock Exchange on January 19, with an issue price of 6 yuan per share, and closed at 15.38 yuan per share on February 1, an increase of 156%.

Oufu Egg IndustryIt is another star stock on the Beijing Stock Exchange recently. The company is mainly engaged in the R&D, production and sales of egg liquid, egg powder and various pre-made eggs. The products produced by the company include egg liquid, egg powder and various pre-made egg products. The company was listed on the Beijing Stock Exchange on January 18 The issue price was 2.5 yuan per share, and it closed at 5.16 yuan per share on February 1, an increase of 106%.

Among the new stocks, the recently listed Kaihua Materials, Lechuang Technology,HuaguangYuan Hai’s increase was quite a lot.HuaguangYuanhai is “the first shipping company in the Yangtze River” and ranks among the best in comprehensive strength among many private logistics companies in the middle reaches of the Yangtze River. The company was listed for trading on December 29, 2022. The stock trading software shows that the company has been obviously sought after by funds recently. The turnover in the past two trading days has increased by about 400%, and the stock price has exceeded 10% in four trading days.

Other top gainers includeLitong Technology、Yunchuangdata,Rongyi PrecisionLijia Technology, Huiwei Intelligence, etc.

A crotch

KOKO ROSSO｜Spent 6 million to buy a house, Ms. Yu, a young retiree, said, “It’s a good buy”

Once purchased the same unit of Wheelock and Fung, he is optimistic about the prospects of the property market

↓KOKO ROSSO’s first round of sales scene↓

5.54 million discounted admissions for one room

↓↓KOKO ROSSO one bedroom with study demonstration unit↓↓

The Beijing Stock Exchange 50 Index achieved “nine consecutive gains” in a low-key manner: new stocks are sought after, and the stock prices of these two stocks doubled in 5 trading days