China Vanke (2202)
7.84 HKD +1.13 (+16.84%) Volume: 350.49M
China Vanke’s stock price surges by 16.84% this trading session to 7.84 HKD, driven by a robust trading volume of 350.49M, marking a year-to-date growth of 3.32%, reflecting strong market confidence in the company’s performance.
Latest developments on China Vanke
Today, China Vanke (H) stock price movements were influenced by a series of key events. The Hang Seng Index (HSI) initially elevated 182 points at midday, driven by gains in CN developers and financials, along with a boom in gold miners. However, by the end of the trading day, the HSI slipped 774 points, causing a collapse in Chinese developers and consumer stocks. This downturn was also reflected in the 13% dive of China Resources Beer. These fluctuations in the market had a direct impact on the stock price of China Vanke (H) as investors reacted to the changing landscape of the Chinese market.
A look at China Vanke Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Vanke (H) is looking at a promising long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend, the company is seen as a strong investment opportunity for those looking for stable returns. Additionally, its high Momentum score indicates positive market sentiment and potential for future growth. While Growth and Resilience scores are slightly lower, the overall outlook for China Vanke (H) remains positive.
As a property development company focusing on residential properties in key cities across China, China Vanke Co., Ltd. has established a strong presence in the real estate market. With high scores in Value, Dividend, and Momentum, the company is well-positioned for success in the long term. Investors may find China Vanke (H) to be a reliable choice for steady returns and potential growth opportunities in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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