中指研究院此前数据显示，2024年1-12月，TOP100房企销售总额为43547.3亿元，同比下降30.6%，降幅较上月缩窄2.3个百分点。12月单月，TOP100房企销售额同比下降3.41%，降幅有所收窄，环比增长28.86%。平安证券研报指出，2024年楼市量价延续调整，2025年全国投资及销售仍将承压。天风证券表示，展望1月，季节性因素叠加春节假期，预计房企销售大概率环比回落，但考虑市场热度余温仍存，同比仍有持平可能，故对基本面短期无需过度悲观。Mainland Real Estate stocks fell across the board. As of the time of writing, SUNAC (01918) is down 26.86%, trading at HKD 1.28; RONSHINECHINA (03301) is down 11.07%, trading at HKD 0.249; SHIMAO GROUP (00813) is down 8.42%, trading at HKD 0.87.
According to the Zhitong Finance APP, Mainland Real Estate stocks have fallen across the board. As of the time of writing, SUNAC (01918) is down 26.86% at 1.28 Hong Kong dollars; RONSHINECHINA (03301) is down 11.07% at 0.249 Hong Kong dollars; SHIMAO GROUP (00813) is down 8.42% at 0.87 Hong Kong dollars; R&F PROPERTIES (02777) is down 7.87% at 1.17 Hong Kong dollars; AGILE GROUP (03383) is down 7.58% at 0.61 Hong Kong dollars.
In the news, according to the judicial authority's website, CHINA CINDA (HONG KONG) Asset Management Limited has filed for a liquidation request against SUNAC in Hong Kong, with a hearing scheduled for March 19. It is worth noting that other real estate companies have recently faced bearish news. Among them, R&F PROPERTIES previously announced that the People's Court of Yuexiu District, Guangzhou, stated on December 17 that it is listed as a dishonest executor due to the company's refusal to fulfill court obligations and execution reconciliation agreements without valid reasons. That evening, R&F PROPERTIES also disclosed overdue balance data for interest-bearing debt of 10 million yuan or more as of October 31 within the scope of the company's consolidated financial statements.
According to data from the China Index Academy, from January to December 2024, the total sales of the TOP 100 real estate companies are projected to be 4,354.73 billion yuan, a year-on-year decline of 30.6%, a decrease of 2.3 percentage points compared to the previous month. In December alone, sales of the TOP 100 real estate companies fell by 3.41% year-on-year, a decline that narrowed, while there was a month-on-month growth of 28.86%. Ping An Securities' research report points out that the real estate market’s volume and price adjustments will continue in 2024, with national investments and sales still under pressure in 2025. Tianfeng stated that looking ahead to January, with seasonal factors compounded by the Spring Festival holiday, it is expected that the sales of real estate companies will likely decline month-on-month, but considering that there is still some residual market heat, there is a possibility of maintaining year-on-year levels, so there is no need to be overly pessimistic about the fundamentals in the short term.
