Yuexiu Property (HKG:123) Shareholders Notch a 0.2% CAGR Over 5 Years, yet Earnings Have Been Shrinking
Zhongyuan Real Estate: The latest Zhongyuan Valuation Index CVI reports 36.89 points, hitting a nearly 18-week low.
Yang Mingyi, Senior Co-Director of the Research Department at Zhongyuan Real Estate, pointed out that the latest CVI this week is 36.89 points, down 4.37 points from last week's 41.26 points.
Yuexiu Property's Subsidiary Wins Bid for Residential Use Land in Shanghai
【Brokerage Focus】CITIC SEC indicates that land reserve has a significant impact on new construction work, and housing prices are expected to stabilize strongly.
Jinwu Financial News | CITIC SEC noted that according to various local government official websites, regions such as Guangdong, Hunan, and Jilin have previously released announcements regarding the repurchase of idle land stock with special bonds. Generally, if land stock is not acquired through special bonds, government announcement is not required. Some areas have started earlier and have more cases, for example, YUEXIU PROPERTY and CHINA JINMAO have both published relevant information from the perspective of listed companies. The institution stated that strict control over incremental effects exceeded expectations; it is anticipated that housing prices in first and second-tier cities will strongly stabilize, with moderate recovery in housing prices in certain cities. The institution believes that when considering the impact of land reserves on planned areas, the scale of land reserves by 2025 will be less than 10% compared to the planned area.
Gelonghui Announcement Highlights (Hong Kong Stock) | NTES-S (09999.HK) 2024 Net income is 105.3 billion yuan and net profit reaches 29.7 billion yuan.
【Today's Focus】NTES-S (09999.HK) expects a net income of 105.3 billion yuan and net income of 29.7 billion yuan in 2024. NTES-S (09999.HK) announced that for the fourth quarter of 2024, the company's net income was 26.7 billion yuan (3.7 billion USD), and the net income attributable to Shareholders was 8.8 billion yuan (1.2 billion USD). The non-GAAP net income attributable to Shareholders was 9.7 billion yuan (1.3 billion USD). The basic earnings per share were 0.38 USD (basic earnings per American depositary share was 1.89 USD). The Board of Directors approved 202
YUEXIU PROPERTY (00123.HK) successfully won a plot of land in the Pudong New Area of Shanghai through a consortium for 5.09 billion yuan.
On February 20, Gelonghui reported that YUEXIU PROPERTY (00123.HK) announced it successfully won the bid for the land parcel Z000602 unit 20Ea-01 in the Yangsi Community of Pudong New District, Shanghai, through a consortium via a public listing, at a price of 5.09 billion yuan on February 20, 2025. A subsidiary wholly owned by the company, Hangzhou Yile Industrial Investment Co., Ltd., and Shanghai Hongrun Real Estate Co., Ltd. formed the consortium based on their respective independent interests, negotiated on general commercial terms.
Express News | Yuexiu Property - Won Bid for Land Parcel 20Ea-01 at Unit Z000602 in Yangsi Community, Pudong New Area, Shanghai
Express News | Yuexiu Property - Land Acquisition
The Central Plains Valuation Index (main Banks) CVI latest reported at 41.26 points, falling for two consecutive weeks, reaching the lowest since the policy report in October last year.
Yang Mingyi, Senior Co-Director of the Research Department of Central Plains Real Estate, pointed out that the latest CVI this week reported 41.26 points, a decrease of 1.92 points from last week's 43.18 points.
The LPR Quote for February is out! The one-year and five-year rates remain unchanged.
The 1-year LPR is 3.1%, and the 5-year LPR is 3.6%, both unchanged from the previous values.
China's Residential Prices Pick Up In January
Kerry Research: The Real Estate market is still in the "stabilization phase after a decline" with resilience remaining in first-tier cities.
According to CRIC Real Estate Research, the current Real Estate market is still in the "stabilization" phase, with expected year-on-year positive growth in February for both new and second-hand home transactions, and first-tier cities still show resilience.
Zhongzhi Research Institute: It is expected that the transaction Volume of the second-hand housing market will rebound after the holiday.
According to a publication by the Central Finger Research Institute, based on the REAL ESTATE INDEX system's price index for 100 cities in China, in January 2025, the average price of second-hand Residences in 100 cities fell by 0.51% month-on-month and decreased by 7.22% year-on-year.
YUEXIU PROPERTY (00123): Guangzhou Urban Construction's publicly issued CSI Enterprise bond Index (Phase I) will pay interest on February 21, 2023.
YUEXIU PROPERTY (00123) announced that Guangzhou Urban Construction Development Co., Ltd. is targeting professional investors in 2023...
Stock market fluctuations | Mainland Real Estate stocks fell back at the end of trading, with the total sales of the top 100 real estate companies in January dropping by 16.5%. Institutions say the sustainability of market recovery remains to be verified.
As of the time of this report, Mainland Real Estate stocks fell in the afternoon trading session, with RONSHINECHINA (03301) down 13.89% at HKD 0.31; R&F PROPERTIES (02777) down 6.99% at HKD 1.33; SUNAC (01918) down 7.39% at HKD 1.88; and SEAZEN (01030) down 2.15% at HKD 1.82.
[Brokerage Focus] China Securities Co.,Ltd. indicates that the housing market will continue to stabilize during the Spring Festival and remains Bullish on the overall performance of the real estate Sector.
Jingwu Finance News | China Securities Co.,Ltd. stated that the transaction area of new and second-hand houses in key cities during the Spring Festival has increased compared to the same period last year. From the Spring Festival to now (January 29 to February 7, from the first to the tenth day of the first lunar month), the transaction area of new houses in 29 key cities reached 0.539 million square meters, a growth of 63.4% compared to the same period last year. In terms of second-hand houses, the transaction area in 13 sample cities has been 0.555 million square meters since the Spring Festival, which is an increase of 80.1% compared to the same lunar calendar period last year. The newly added supply of land in 100 cities has decreased both month-on-month and year-on-year. This week, 1.034 million square meters of residential land was newly added in 100 cities, a month-on-month decrease of 81.7% and a year-on-year decrease of 78.9%. The bank pointed out that the real estate market continued to stabilize du
Galaxy Securities: The policy signals from local two sessions are positive and are expected to boost demand for non-ferrous metals.
Galaxy Securities stated that accelerated investment in Infrastructure, the continued trade-in of consumer goods, and the stabilization of the Real Estate market will drive an increase in demand for Copper, Aluminum, and other Nonferrous Metals, supporting the rise in prices of Nonferrous Metals Commodities.
Hong Kong Property: In January, the registration volume of second-hand Residences exceeding 10 million Hong Kong dollars accounted for the highest proportion in 7 months.
According to Wang Pindi, Director of the Research Department of Hong Kong Property, data from the Land Registry shows that in January, there were 3,091 registrations for second-hand Residences in Hong Kong (including second-hand private residences and second-hand public housing), a decrease of about 12.5% compared to 3,534 in December of last year; among them, there were 357 registrations for second-hand Residences priced over 10 million Hong Kong dollars, a decrease of about 5.6% compared to 378 in December of last year, and the month-on-month decline was less than that of the overall market.
Zhongzhizhong Research Institute: In January, the sales scale of new and second-hand houses in key cities decreased both month-on-month and year-on-year.
On February 10th, the China Index Academy announced that the transaction area of new houses in 30 cities on January decreased by 52.2% month-on-month and 11.7% year-on-year.
Hong Kong stock market morning report on February 7: The USA will continue the "strong dollar" policy and China Concept Stocks in the US stock market are collectively strengthening.
① Last week, the number of initial jobless claims in the USA exceeded expectations. ② The Bank of England cut interest rates by 25 basis points. ③ The three major indices of the US stock market fluctuated on Thursday, with China Concept Stocks collectively closing higher. ④ US Treasury Secretary Yellen stated that the 'strong dollar' policy will continue. ⑤ A dovish Fed member indicated that further rate cuts are feasible, but the pace will slow.