Market capitalization exceeded 370 billion Hengda Xu Jiayin into China new richest man

articleweek

Market capitalization exceeded 370 billion Hengda Xu Jiayin into China new richest man

Recently, China Hengda shares continued to rise, as of press time, the stock rose again nearly 6%, continued to hit a record high, the market value of HK $370 billion. This year, Hengda shares have risen more than 480%. At the same time, Hengda chairman Xu Jiayin net worth rise, Forbes latest data show that Xu Wei to 39 billion 300 million U.S. dollars worth of net worth into China's new richest man, slightly higher than second of Ma Huateng, and third of ma.

Market capitalization exceeded 370 billion Hengda Xu Jiayin into China new richest man

Market capitalization exceeded 370 billion Hengda Xu Jiayin into China new richest man

Hengda strong performance, Xu Jiayin is the main reason for soaring net worth. According to the performance report, Hengda first half profit rose by 224% to 23 billion 100 million yuan, the indicators also rose significantly. By the end of August this year has achieved sales of 321 billion 700 million yuan, an increase of 38%, the year is expected to exceed 500 billion yuan.

The day before, Chinese Hengda announced plans to hold a special meeting of shareholders to vote, 10% of the total share capital of new options amount of resolution for contributing to the development of the company to reward employees. Insiders believe that, because of the return and the company is closely related to the development of future options, so Hengda the action is not only a team of incentives, but also for the future development of the company's share price and space confidence. "Only continue to maintain the fundamentals to the good, in order to drive stock prices continue to rise, the realization of the options income".

Today, housing prices brisk sales data, driven by housing stocks continued to rise, but also to support the strength of Hengda shares. Recently, Hong Kong stocks real estate stocks strong, financial record of China, China Hengda, Biguiyuan and other housing stocks only a record high. The personage inside course of study thinks, estate stock can continue to behave crazily, basically be to have sale data to prop up. According to the securities Chinese statistics, has been released in the forecasted 612 A shares of stocks, 15 stocks belong to the real estate sector, 8 belong to the steel plate, wherein, the average expected real estate stocks before the three quarter earnings will grow 6.08 times. The industry also pointed out that the concentration of the real estate industry. With the advantages of financing, land acquisition and sales, the leading enterprises are seizing more and more market share and gaining more profits. Today, the industry environment from high cyclical fluctuations gradually stable, leading enterprises to further expand the market space, long-term investment value outstanding.

Including Citigroup, Merrill Lynch, Nomura had more than a dozen bursts of International Investment Bank Research Report, are buying, strong buy recommendations, and Gao Heng sharply raised the target price, Haitong Securities believes that Evergrande achieved "scale + benefits with both hands, substantial growth year on year performance, the profit rate increased significantly, the future earnings will be more optimistic about the prospects. And will Hengda target price to HK $32.85.