HK REITS

Why Champion REIT down so little? Lo buying to support? Langham Place Mall crowded as ever??

(27-02-2021, 09:12 AM)opmi Wrote: Why Champion REIT down so little? Lo buying to support? Langham Place Mall crowded as ever??

Champion dividend reduced slightly from 26.6 cents to 25 cents. Yield is still around 5.5%.

Langham dividend reduced from 12 cents to Nil.
No tourist flying into HK to stay in hotels and no China shoppers  coming to the Mall.  So share price  has been  severely damaged by covid

00405.HK - Yuexiu Reit $3.99 yld 5.7% ( up from $3.78 )
00435.HK - Sunlight Reit $4.17 yld 6.4 % ( up from $3.77)
00778.HK - Fortune Reit $7.43 yld 6.34% (slightly up from $7.39)
00808.HK - Prosperity Reit $2.61 yld 6.8 % ( up from $2.42)
00823.HK – Link Reit $70.35 yld 4.08% ( slightly down from $70.60)
01881.HK - Regal Reit $1.61yld 8.4 % ( up from $1.37 )
01270.HK - Langham-SS $1.19yld Nil % ( up from $1.02 )
01275.HK - New Cent Reit $2.00 yld 3.57 % ( up from $1.41 )
02778.HK - Champion Reit $4.57 yld 5.47 % ( slightly up from $4.53 )
87001.HK - Hui Xian Reit Y 1.80 yld 4.8 % ( little changed from Y1.81)
01426.HK - Spring Reit $2.82 yld 7.00 % ( up from $2.70 )

closing prices on 1 Apr 2021.
All share prices are compared to levels at 31 Dec 2020

00405.HK - Yuexiu Reit $3.66 yld 6.27% ( down from $3.99 )
00435.HK - Sunlight Reit $4.49 yld 5,7 % ( up from $4.17)
00778.HK - Fortune Reit $7.74 yld 6.09% ( up from $7.43 )
00808.HK - Prosperity Reit $3.10 yld 5.78 % ( up from $2.61)
00823.HK – Link Reit $66.75 yld 4.34% ( down from $70.35)
01881.HK - Regal Reit $1.37 yld 9.93 % ( down from $1.61 )
01270.HK - Langham-SS $0.86 yld 0 % ( down from $1.19 )
01275.HK - New Cent Reit ( paid $2 div and listing withdrawn )
02778.HK - Champion Reit $4.08 yld 6.13 % ( down from $4.57 )
87001.HK - Hui Xian Reit Y 1.50 yld 5.7 % ( down from Y1.80)
01426.HK - Spring Reit $2.85 yld 7.02 % ( little change from $2.82 )

Closing prices on 30 Sept 2021.
All share prices compared to levels at 1 April 2021.

00405.HK - Yuexiu Reit $3.23 yld 7.02% ( down from $3.78 due to recent rights issue at $3.20)
00435.HK - Sunlight Reit $4.34 yld 5.9 % ( up from $3.77)
00778.HK - Fortune Reit $8.01 yld 5.89% ( up from $7.39 )
00808.HK - Prosperity Reit $3.08 yld 5.81 % ( up from $2.42)
00823.HK – Link Reit $68.65 yld 4.2 % ( down from $70.60)
01881.HK - Regal Reit $1.43 yld 9.51 % ( up from $1.37 )
01270.HK - Langham-SS $0.84 yld 0 % ( down from $1.02 )
01275.HK - New Cent Reit ( withdrawn )
02778.HK - Champion Reit $3.99 yld 6.27 % ( down from $4.53 )
87001.HK - Hui Xian Reit Y 1.40 yld 6.19 % ( down from Y1.81)
01426.HK - Spring Reit $2.5 8yld 7.75 % ( little change from $2.70 )

Closing prices on 31 Dec 2021.
All prices compared to prices at 31 Dec 2020.

00405.HK - Yuexiu Reit $3.42 yld 8.00%
00435.HK - Sunlight Reit $3.85 yld 6.5 %
00778.HK - Fortune Reit $7.03 yld 6.38%
00808.HK - Prosperity Reit $2.85 yld 6.19%
00823.HK – Link Reit $67.65 yld 4.2 9%
01881.HK - Regal Reit $1.44 yld 9.44 %
01270.HK - Langham-SS $0.93 yld 2.9 %
01275.HK - New Cent Reit ( withdrawn )
02778.HK - Champion Reit $3.53 yld 6.46 %
87001.HK - Hui Xian Reit Y 1.14 yld 8.20 %
01426.HK - Spring Reit $2.85 yld 7.02 % ( little change from $2.70 )

Closing prices on 1 Apr 2022

Huixian reit is a good play for tourism revival. Little debt, good owner (Li ka shing family). Currently performance bad partly due to covid situation in China. Pbv around 0.3x

Disclaimer, I am vested, quite a large percentage of my porto. I am paid to wait... Due to the nice dividend.

(26-11-2022, 01:41 PM)fundamentalman Wrote: Huixian reit is a good play for tourism revival. Little debt, good owner (Li ka shing family). Currently performance bad partly due to covid situation in China. Pbv around 0.3x

Disclaimer, I am vested, quite a large percentage of my porto. I am paid to wait... Due to the nice dividend.

There is a growing chorus or bets against HK-US dollar peg from US hedge funds.
Is this a cause for concern investing in HK stocks?

I dont think its a casue of concern. The bet is that the HKD peg will be revised upwards (appreciation of HKD against USD). This means the value of HK assets will be worth more if the re-pegging for an appreciation occurs.

(27-11-2022, 12:46 PM)CY09 Wrote: I dont think its a casue of concern. The bet is that the HKD peg will be revised upwards (appreciation of HKD against USD). This means the value of HK assets will be worth more if the re-pegging for an appreciation occurs.

The market consensus is that HKD is overvalued against USD because of the peg.
That's the reason hedge funds are shorting the HKD in anticipation of the peg broken.