中泰国际指出，虽然期间有一些反复，但是自10月初起房地产市场(根据新房成交量)整体渐进改善，尤其是一线城市。截至上周，一线城市新房成交量连续八周同比增长。不少内房港股近三个月也领先大市。本周政治局会议提及稳住楼市股市，会议对于房地产市场带来改革但稳定的讯息。市场不急进但逐步改善相信是中央乐见的未来情境。Mainland Real Estate stocks fell in early trading. As of the time of writing, SUNAC (01918) dropped by 6.59% to 2.55 Hong Kong dollars; RONSHINECHINA (03301) fell by 5.77% to 0.49 Hong Kong dollars; R&F PROPERTIES (02777) decreased by 4.27% to 1.57 Hong Kong dollars; SEAZEN (01030) dropped by 2.91% to 2 Hong Kong dollars.
According to the Zhiyitong Financial APP, Mainland Real Estate stocks fell in early trading. As of the time of writing, SUNAC (01918) dropped by 6.59% to 2.55 Hong Kong dollars; RONSHINECHINA (03301) fell by 5.77% to 0.49 Hong Kong dollars; R&F PROPERTIES (02777) decreased by 4.27% to 1.57 Hong Kong dollars; SEAZEN (01030) dropped by 2.91% to 2 Hong Kong dollars.
On the news front, the Central Economic Work Conference pointed out the need to continuously push for a stop to the decline and stabilize the Real Estate market. China Merchants released a Research Report stating that the phrase "continuously pushing" in the context of stabilizing the Real Estate market may be key, and does not rule out the possibility of more long-term policies and extraordinary counter-cyclical adjustment measures being introduced in the future, considering both supply and demand.
Zhongtai International pointed out that although there have been some fluctuations in the meantime, since the beginning of October, the Real Estate market (based on new home Volume) has gradually improved overall, especially in first-tier cities. As of last week, new home Volume in first-tier cities has seen year-on-year growth for eight consecutive weeks. Many Mainland Real Estate Hong Kong stocks have also outperformed the market in the past three months. This week's Politburo meeting mentioned stabilizing the Real Estate and stock markets, and the meeting conveyed messages of reform yet stability regarding the Real Estate market. The market is not rushing but is gradually improving, which is likely the scenario that the central government looks forward to.
