Citi Says ‘Good Time' to Accumulate Chinese Property Stocks
'We reckon it is a good time to accumulate China property sector over a two-year horizon, with ongoing return-on-equity improvement on asset turn and pricing,' analysts Griffin Chan and Cindy Li wrote in a Wednesday note.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
28 minutes ago
China and Pakistan foreign ministers agree to launch new economic corridor projects
ISLAMABAD -- Pakistan and China pledged to expand economic cooperation and investment under the China-Pakistan Economic Corridor, a flagship program of China's Belt and Road Initiative, officials said. Chinese Foreign Minister Wang Yi met with his Pakistani counterpart, Ishaq Dar, at the Ministry of Foreign Affairs in Islamabad on Thursday. The two sides agreed to launch new projects through the China-Pakistan Economic Corridor, or CPEC, a flagship program of the Belt and Road Initiative, a Pakistani government statement said. The countries did not immediately share details of the proposed projects. Called 'One Belt, One Road' in Chinese, the Belt and Road Initiative has built power plants, roads, railroads and ports around the world and deepened China's relations with Africa, Asia, Latin America and the Mideast. It is a major part of Chinese President Xi Jinping's push for China to play a larger role in global affairs. Beijing has invested billions of dollars in Pakistan through CPEC, building roads, power plants and rail links to connect China's western Xinjiang region with the Arabian Sea port of Gwadar in southwest Pakistan, where some Chinese have been attacked by insurgents in recent years. The foreign ministers vowed to deepen collaboration in science, technology, industry and agriculture. Wang also urged Pakistan to ensure the safety of Chinese workers and engineers, who have come under attack by separatists in Balochistan province and elsewhere in recent years. Pakistan already has increased security for Chinese working on CPEC-related projects. China has long been one of Pakistan's key ally and financial backer, especially as Islamabad struggles with a prolonged economic crisis. The meeting came a day after Wang and Dar traveled to Kabul for a trilateral dialogue with Afghanistan's Taliban rulers on political and economic cooperation. Wang's stop in Pakistan also followed a visit to neighboring India earlier this week, where he held talks aimed at stabilizing strained relations between the two Asian giants.
Yahoo
32 minutes ago
- Yahoo
Hazeltree Shortside Crowdedness Report Reveals Uptick in Tech Shorts and Record-High Utilization in APAC and EMEA
Super Micro Computer, Cloudflare, and Palo Alto Networks dominate the top 10 most crowded tech shorts, while Ganfeng Lithium Group, Barry Callebaut, H&M, and Luye Pharma Group show elevated institutional supply utilization NEW YORK & LONDON, August 21, 2025--(BUSINESS WIRE)--In July, short interest in technology stocks rose in the Americas, while record-high institutional share utilization was observed in APAC and EMEA, according to Hazeltree, the leading provider of integrated treasury and liquidity management and optimisation solutions for the alternative asset management market. Super Micro Computer, Inc., Cloudflare, Inc., and Palo Alto Networks, Inc. all ranked among the top 10 most crowded large-cap shorts in the Americas according to the Hazeltree July 2025 Shortside Crowdedness Report, suggesting that despite AI and cybersecurity growth narratives, some high-flying tech names remain targets for short sellers—potentially due to valuation concerns. Globally, several securities—Ganfeng Lithium Group Co., Inc., Barry Callebaut AG, H&M Hennes & Mauritz AB, and Luye Pharma Group Ltd. —recorded institutional supply utilization above 75%, indicating that nearly all available institutional shares were on loan. The Hazeltree Shortside Crowdedness Report is a monthly ranking of the top 10 most crowded shorted securities in the Americas, EMEA, and APAC regions, segmented by large-, mid-, and small-cap categories. Data is compiled from Hazeltree's proprietary securities finance platform, which tracks approximately 15,000 global equities and aggregates anonymized information from the firm's community of more than 500 asset management funds. Each security is assigned a Hazeltree Crowdedness Score—a 1-to-99 scale, with 99 indicating the highest concentration of shorting activity—reflecting key supply-and-demand dynamics in the securities lending market. "Short sellers have actively returned to tech in the Americas, with Hazeltree data showing an uptick in half of the top 10 names," said Tim Smith, Managing Director of Data Insights at Hazeltree. "We were surprised to see the departure of LVMH after three consecutive months in the EMEA large-cap top 10, alongside the emergence of Vestas Wind Systems A/S, which is benefiting from a growing focus on renewable energy. In APAC, we noted an unprecedented tilt toward Chinese-based companies across small-, mid-, and large-cap categories—a shift from the historical dominance of Japanese names." Highlights from the July 2025 report include: AMERICAS In the large-cap category, Live Nation Entertainment, Inc. was the most crowded security with a score of 99. Super Micro Computer, Inc. was the second most crowded security at 94 and held the highest institutional supply utilization figure (42.93%) for the eighth consecutive month. In the mid-cap category, EchoStar Corporation was the most crowded security with a Crowdedness Score of 99 for the second consecutive month, while The Campbell's Company held the highest institutional supply utilization figure for the first time in 2025 (44.23%). In the small-cap category, Grocery Outlet Holding Corp., Cipher Mining Inc. and Hertz Global Holdings, Inc. were the most crowded securities with a score of 99. Hertz had the highest institutional supply utilization (64.26%). EMEA In the large-cap category, Pernod Ricard SA displaced Kering SA and LVMH Moët Hennessy from the top spot, with a score of 99. H&M Hennes & Mauritz AB had the highest institutional supply utilization (85.13%) for the second month in a row and sixth time this year. In the mid-cap category, Phoenix Group Holdings plc was the most crowded security (99). Barry Callebaut AG overtook Davide Campari-Milano N.V. with the highest institutional supply utilization (91.36%) for the second time this year. In the small-cap category, WH Smith PLC was the most crowded security for the second time this year, with a score of 99. Siltronic AG topped institutional supply utilization (64.01%). APAC In the large-cap category, Oriental Land Co., Ltd. topped with a score of 99 for the second month and third time this year, while ANTA Sports Products Ltd dropped to the number two most crowded security with a score of 84. Budweiser Brewing Company APAC Ltd had the highest institutional supply utilization (58.99%). In the mid-cap category, Nagoya Railroad Co. Ltd, Nissin Foods Holdings Co., Ltd., J. Front Retailing Co., Ltd., WuXi AppTec Co., Ltd., and Tokyo Metro Co Ltd displaced Ibiden Co., Ltd for the top spot with a score of 99. Nissan Motor Co., Ltd. held the highest institutional supply utilization for the second time (72.81%). In the small-cap category, Sanken Electric Co., Ltd. and Luye Pharma Group Ltd. were the most crowded securities (99). Ganfeng Lithium Group Co., Ltd. had the highest institutional supply utilization (91.87%) for the second time this year. To view Hazeltree's July 2025 Shortside Crowdedness Report and past reports, click here. Note to editors: If you are a member of the media/press and would like to be included on the distribution list for this report, please contact btanner@ Hazeltree Shortside Crowdedness Report MethodologyThe Shortside Crowdedness Report tracks shorting activity in three different metrics: Hazeltree Crowdedness Score: This score represents securities that are being shorted by the highest percentage of funds in Hazeltree's community in a pre-defined category. The securities are graded on a scale of 1-99, with 99 representing the security that the highest percentage of funds are shorting. Institutional Supply Utilization: This figure represents the percentage of the institutional investors' supply of a particular security that is being lent out. The institutional supply utilization rate is an indicator of how "hot" a security is in terms of the supply-demand dynamic. It is possible to see 100% utilization of a security's availability, making it difficult to establish new short positions. Hazeltree Community Borrow Fee: This figure is the average weighted fee for what funds in the Hazeltree community are paying to borrow a security. The fee is represented as the annualized cost calculated as a percentage of the price of the security. About HazeltreeHazeltree is the leading provider of treasury and liquidity management and optimization solutions purpose-built for the alternative investment industry. Trusted by more than 500 investment firms managing over $4 trillion in assets, Hazeltree empowers hedge funds, private markets firms, and asset managers to enhance operational efficiency, reduce risk, and unlock alpha. Hazeltree's cloud-based platform facilitates nearly $8 billion in daily transactions across more than 10,000 funds. By delivering seamless connectivity across counterparties and service providers, Hazeltree enables clients to optimize cash, credit facilities, margin, and fees—driving stronger returns and greater transparency across the investment lifecycle. Hazeltree is headquartered in New York with offices in London, Bournemouth, and Hong Kong. For more information, please visit View source version on Contacts Media Contact: Ben TannerHazeltreebtanner@
Yahoo
33 minutes ago
- Yahoo
Germany's Porsche is closing battery subsidiary Cellforce, reports say
German sports car giant Porsche plans to close the majority of operations at its subsidiary Cellforce, a factory for high-performance battery cells. According to the German newspaper Der Spiegel, the sports car manufacturer plans to lay off around 200 of its 286 employees at the factory in Kirchentellinsfurt, Germany. The cuts suggest that, at best, a small research and development unit would remain at Cellforce's site. Porsche declined to comment on the reports, but Der Spiegel noted that a corresponding mass layoff was reported to the employment agency in the nearby city of Reutlingen on Wednesday. Porsche invested in Cellforce Group GmbH in 2021. At first, it was a joint venture between Porsche AG and battery cell manufacturer CustomCells. In an effort to establish Baden-Württemberg as a leading battery location, the state also offered €17 million in funding to Cellforce in 2022. Related Porsche reports significant plunge in European and Chinese deliveries Porsche to cut almost 2,000 jobs in Germany as EV demand declines In 2023, Porsche then took over the business entirely with the promise of producing high-performance battery cells on a much larger scale than previously planned. However, it was a short-lived ambition. In April this year, Porsche announced that it would not continue to operate the battery cell subsidiary independently. According to Der Spiegel, representatives from BMW visited the site at the beginning of August, and defence companies were also said to have been interested in the factory for developing batteries for military drones. Yet the latest media reports suggest that no new investors are on the horizon. The depreciation of Cellforce's production facilities is allegedly costing Porsche €295mn. Meanwhile, around 200 employees face unemployment because, unlike its parent company Porsche, there is no employment guarantee and no works council at Cellforce. All employees have been invited to a town hall meeting on 25 August, at the "Cellforce 1" building in Kirchentellinsfurt. Employees are also banned from taking holiday on that day, according to reports. Michael Steiner, Porsche's chief development officer and vice president, will address the staff. The closure of the battery business highlights fundamental challenges to Porsche's electric strategy, pursued by CEO Oliver Blume. Cellforce was intended to help increase the firm's EV sales and profits by allowing the manufacturer to draw upon its own high-performance cells. Sign in to access your portfolio
