According to the Central Finger Research Institute: In November, the average transaction price of second-hand Residences in 100 cities fell by 0.57% month-on-month, while the Volume in Shenzhen doubled year-on-year.

Data monitoring shows that in November 2024, the average price of second-hand Residences in 100 cities is 14,278 yuan per square meter, a month-on-month decrease of 0.57%, narrowing the decline by 0.03 percentage points compared to October; a year-on-year decrease of 7.29%.

Zhitong FinanceDec 17 18:44 ET

Keari Real Estate Research: In November, the Residence market transactions maintained a high level for the year.

In November, the supply scale grew month-on-month and year-on-year, with the supply volume in 100 typical cities at 15.07 million square meters, a year-on-year decrease of 26.3%, but a month-on-month increase of 43.4%.

Zhitong FinanceDec 17 06:34 ET

Yuexiu Property Secures HK$1.20 Billion Term Loan Facility

MT NewswiresDec 17 06:18 ET

YUEXIU PROPERTY (00123.HK) has been granted a term loan financing of 1.2 billion Hong Kong dollars.

On December 17, Gelonghui reported that YUEXIU PROPERTY (00123.HK) announced that on December 17, 2024, the company (as the borrower) entered into a financing agreement with a bank, under which the lender will provide a term loan financing of 1.2 billion HKD (or equivalent in RMB) subject to the terms and conditions of the financing agreement, with a loan period of 18 months from the date of the financing agreement.

Gelonghui FinanceDec 17 03:40 ET

Express News | Yuexiu Property - Term Loan Facility of HK$1,200 Mln Will Be Made Available by Bank to Co

ReutersDec 17 03:39 ET

[Brokerage Focus] SWHY expects the Real Estate Industry to bottom out and maintains a 'Bullish' rating on Real Estate and property management.

Gold Eagle Financial News | SWHY stated that over the past three years, China's Real Estate sector has undergone deep adjustments, and the effects of relaxed policies during this period have been limited. The bank believes that the core issue lies not in insufficient demand, but in the weakening of residents' balance sheets. The statements in September to 'stop the decline and stabilize' and in December to 'stabilize the Real Estate and stock markets' clarified the policy approach to repairing residents' balance sheets, demonstrating stronger policy effectiveness than before. The policy has entered a more targeted trajectory, and it is expected that more proactive and substantial policies will be introduced subsequently, with the Industry likely to reach a bottom. Considering that mid-term demand has support but short-term supply has constraints, the bank forecasts that the total will still be skewed next year.

Jingu Financial NewsDec 17 02:51 ET