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Express News | China Overseas Grand Oceans - Unit to Dispose of Underlying Assets to Bohai Trust at No More Than RMB500 Mln
[Brokerage Focus] Dahua Jixiang maintains a "shareholding" rating on mainland real estate, expecting more policy support to be introduced.
Jinwu Financial News | Daihua Jixian's research reports indicate that the Political Bureau meeting in China clearly expressed on the 9th that a moderately loose mmf policy will be implemented in 2025, marking the first relaxation of policy stance since 2012. The report states that this stance may signify the introduction of more supportive policies in the future, which will have a positive impact on the real estate market. The report continues to state that although it will take time for buyer confidence to recover, lower expected LPR, setting performance indicators for local governments, and the central government's support for inventory reduction through bonds are all crucial for stabilizing market conditions. The atmosphere in the land market has already improved in November, with many private developers.
Hong Kong stocks move | Mainland real estate stocks opened higher across the board. The Political Bureau meeting emphasized to "stabilize the real estate market," and policies for both supply and demand in real estate are expected to increase.
Mainland real estate shares opened higher across the board. As of the time of writing, sunac (01918) rose 13.84% to HKD 3.29; ronshinechina (03301) rose 13.73% to HKD 0.58; radiance hldgs (09993) rose 12.65% to HKD 3.74.
China Overseas Grand Oceans Gains Approval for Key Resolution
Standard Chartered: It is expected that the Federal Reserve will cut interest rates by 125 basis points from the current period to the third quarter of next year. The housing market in Hong Kong is expected to stabilize in an L-shaped manner next year.
Although the usa's interest rate cut is slower than expected in both magnitude and speed, Hong Kong silver has reacted quite quickly to follow the usa's interest rate cut, hence it is expected that the real estate market will stabilize in an L-shaped manner next year.
Ke Erui Research Center: In November, the performance of the top 100 real estate companies decreased by 16.6% month-on-month, with high investment focus and concentration.
Looking ahead to the market, Ke Rui believes that December coincides with the performance sprint season for real estate companies, and it is possible that some real estate companies will carry out year-end promotions to boost their performance. Considering this impact, overall transaction volumes are expected to rise month-on-month, showing a slight uptick.