The Chinese property sector experienced a disappointing beginning of 2024
China's Jan-Feb realestate development investment fell by 9.0% y/y to 1.184 trillion yuan.
Jan-Feb residential housing sales areas tumbled 20.5% y/y to 1.137 trillion square meters, and the total sales plummeted by 29.3% y/y to 1.05 trillion yuan.
Developing funds in place fell 24.1% y/y to 1.62 trillion yuan.
Sentiment 92.13
Jan-Feb residential housing sales areas tumbled 20.5% y/y to 1.137 trillion square meters, and the total sales plummeted by 29.3% y/y to 1.05 trillion yuan.
Developing funds in place fell 24.1% y/y to 1.62 trillion yuan.
Sentiment 92.13
![The Chinese property sector experienced a disappointing beginning of 2024](https://sgsnsimg.moomoo.com/sns_client_feed/103055095/20240318/932a6eb37c8b406ba3c90e9126a5c30a.jpg/big?area=101&is_public=true)
![The Chinese property sector experienced a disappointing beginning of 2024](https://sgsnsimg.moomoo.com/sns_client_feed/103055095/20240318/14b58c042efb4f07bd8a3c83dc3de47d.jpg/big?area=101&is_public=true)
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imaginative Otter_ya : @spinee I thought China Vanke is supported by the goverment, Shenzhen Municipal?
73791170 : Extremely counterproductive, not surprising