Shimao Group Reports Preliminary Sales Data for 2024
Shimao Group (00813) accumulated contracted sales of approximately RMB 19.8 billion in the first seven months.
Shimao Group (00813) released an announcement that as of the end of July 31, 2024, the Group's cumulative contracted sales...
Express News | Shimao Group - July Contracted Sales RMB2.72 Bln
Express News | Shimao Group - July Contracted Sales Approximately RMB2.72 Bln
Hong Kong stocks closed (08.09) and the Hang Seng Index rose 1.17%. Autos and mainland real estate stocks rose. The three major operators collectively fell.
The three major Hong Kong stock indices opened high and rose today, the Hang Seng Index successfully recovered the 17,000 mark, and the Heng Seng technology index rose more than 3% at one point. At the close, the Hang Seng Index rose 1.17% or 198.4 points to 17090.23 points.
The real estate sector has two consecutive surges, the China Southern CSI All Share Real Estate ETF and the real estate ETF rose by 2%.
Reducing inventory of existing homes is one of the main focuses of current real estate policies.
The central government supports the real estate industry to accelerate destocking and the industry will rebound significantly with multiple supports.
Recently, the real estate industry has gradually shown bullish signals, providing logical support for a new round of real estate cycle.
Mainland real estate stocks rose, with Shimao Group (00813) up 7.58%. China Securities Co., Ltd. stated that continuous policy implementation is expected to jointly support demand recovery.
Mainland real estate stocks rose, as of press time, Shimao Group (00813) rose 7.58%, China Vanke (02202) rose 6.08%, Shimao Group (00813) rose 5.71%, R&F Properties (02777) rose 5.19%, Agile Group (03383) rose 4.3%. CSC research reports commented on the company's business data in July that the top 100 real estate companies' sales were 302.8 billion yuan, a year-on-year decrease of 20.5%, a slight narrowing of 1.3 percentage points from the previous month. The enthusiasm of real estate companies to acquire land has recovered slightly in July, with the top 100 real estate companies adding a new value of 198.64 billion yuan,
Mainland real estate stocks rose across the board in early trading. Shenzhen has issued requirements for the collection of existing housing, and the acquisition of existing housing may accelerate significantly after September.
On August 9th, mainland real estate stocks rose in early trading. As of press time, Shimao Group (00813.HK) rose 12.86% to HKD 0.79; Sino-Ocean Group (03377.HK) rose 7.58% to HKD 0.355; China Vanke (02202.HK) rose 6.08% to HKD 4.36; Sunac (01918.HK) rose 4.81% to HKD 1.09; R&F Properties (02777.HK) rose 5.19% to HKD 0.81. Quotation source: Futubull. On the news front...
GTJA: Real estate industry still focused on destocking, suggesting balanced allocation.
GTJA Securities released a research report stating that from January to July 2024, the scale of land acquisition by real estate companies continued to shrink significantly year-on-year, reflecting a further increase in the concentration of central and state-owned enterprises.
Hong Kong stocks closed on August 8, with the Hang Seng Index slightly up by 0.08%. Mainland real estate showed active performance, while shipping and autos remained under pressure for the whole day.
The Hong Kong stock market opened lower but rose afterwards, with the Hang Seng Index and the Heng Seng Science and Technology Index rising by 1% at one point; the index narrowed in the afternoon, and the Heng Seng Science and Technology Index turned downward again.
Shimao Group (00813): The requested hearing has been postponed until December 16th.
Shimao Group (00813) issued an announcement on August 8, 2024, jointly applied for and extended...
Express News | Shimao Group - 8 August 2024, Following a Consensual Application for an Adjournment Filed by Company and Petitioner, High Court Has Adjourned Hearing for Petition to 16 December
Express News | Shimao Group - Adjourned Hearing for Petition to 16 December
Express News | Shimao Group - Adjournment of Winding-up Petition Hearing
Hong Kong stock market moves: Mainland real estate sector collectively rises, various regional property markets release bullish signals, and supply and demand policies continue to drive the sector.
Mainland real estate stocks collectively rose. As of press time, Shimao Group (00813) rose by 10.61% to HKD0.73; Sino-Ocean Group (03377) rose by 7.81% to HKD0.345; Sunac (01918) rose by 6.93% to HKD1.08.
Mainland real estate stocks rose across the board. Shimao Group (00813) rose by 4.55%. Shenzhen Anju Group plans to acquire commodities for use as affordable housing.
Inner city real estate stocks are up, as of publication, Shimao Group (00813) rose by 4.55%, Sino-Ocean GP (03377) rose by 3.13%, Radiance Hldgs (09993) rose by 3.03%, Agile Group (03383) rose by 2.17%, Sunac (01918) rose by 1.98%. In terms of news, on August 7th, the Anju Group Co., Ltd. under the Shenzhen Municipality plans to acquire commodities for use in affordable housing projects. It is soliciting residential, apartment, dormitory and other types of commodity properties within the Shenzhen region for affordable housing projects, and will prioritize selection.
Hong Kong stock market news | Shimao Group (00813) rose more than 3% and sold Xiamen Integrated Development Project to cash in nearly 0.6 billion yuan.
Shimao Group (00813) rose over 3%, as of press time, up 3.03%, at HKD 0.68, with a turnover of HKD 3.9737 million.
Shimao Group (00813) subsidiary plans to sell all issued shares of Xiamen Shimao New Navigation Real Estate for 0.59634 billion yuan.
Shimao Group (00813) announced that on August 7, 2024, the seller (three subsidiaries of the company)...
Express News | Shimao Group Sees Loss on Disposal of RMB312 Mln
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