Kerry Real Estate Research: In 2024, the national land transaction scale will continue to shrink as inventory decreases, and the support from city investment will remain strong.

According to a report released by CRIC Real Estate Research, it is expected that by 2025, more high-quality and high-priced land parcels will be transacted, and in terms of trade scale, it is also expected to stabilize at a low level that matches the scale of Commodity transactions.

Zhitong FinanceDec 26 04:11 ET

Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.

① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.

cls.cnDec 23 17:58 ET

Why has the implementation of Real Estate 'acquisition' been slow?

① "Although some places have announced the situation of storage, overall, the acquisition of stock land and commercial housing in various regions faces multiple difficulties, making the related implementation work not easy." ② Whether it is repurchasing idle land or acquiring existing commercial housing, there is a certain time interval from raising funds to completing the storage; how to ensure that funds can be effectively circulated within a certain period and achieve expected returns is also a factor that various regions have to consider.

cls.cnDec 23 09:51 ET

Yuexiu Property Wins Bid for Land Parcel in Guangzhou for 2.02 Billion Yuan

MT NewswiresDec 23 07:46 ET

YUEXIU PROPERTY (00123.HK) subsidiary successfully acquired the land parcel at Daguanwei, South Industrial Avenue, Haizhu District, Guangzhou for 2.023 billion yuan.

On December 23, Gelonghui announced that YUEXIU PROPERTY (00123.HK) successfully acquired the land parcel AH101533 located in South Daganwei, Industrial Avenue South, Haizhu District, Guangzhou, through its subsidiary Guangzhou Xinxiu Real Estate Development Co., Ltd. (which holds a 95.475% ownership interest), via public bidding for 2.023 billion yuan on December 23, 2024.

Gelonghui FinanceDec 23 05:54 ET

Express News | Yuexiu Property - Unit Won Bid for Land Parcel at Daganwei for RMB2.02 Bln

ReutersDec 23 05:51 ET