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【Special Contributor】Deng Shengxing: The market is worried about geopolitical risks, and investors are cautious about entering the market.
Goldway Financial News | The Hang Seng Index closed at 19,601 on Thursday (21st), down 103 points or 0.53%. The total market turnover was 119.2 billion yuan. The National Index fell by 0.79%, closing at 7,034; the Science and Technology Index dropped 1.2%, closing at 4,358. Mainland real estate stocks remain under selling pressure. Sunac (01918) dropped 9.2%; CIFI Holdings (00884) decreased by 4.5%; mainland dining stocks are also heavily sold off. Xiabuxiabu (00520) fell 7.1%; Jiumaojiu (09922) declined by 5.9%; bitcoin approached the $100,000 mark, and etf performed well. Huaxia Bitcoin (03042) rose by 4.7%; the Dow Jones on Thursday.
Mainland real estate stocks all fell, radiance hldgs (09993) dropped by 11.05%. Fitch Bohua expects significant pressure on short-term housing price adjustments.
Golden Guard Financial News | Mainland real estate stocks fell across the board, with Radiance Holdings (09993) down 11.05%, Sunac (01918) down 8.43%, R&F Properties (02777) down 7.85%, Shimao Group (00813) down 5.08%, Sino-Ocean Group (03377) down 4.62%, and cifi hold gp (00884) down 4.55%. In terms of news, Fitch Bohua stated in the report that the outlook for the China real estate development industry in 2025 is "slow but stable", expecting the short-term downward trend in second-hand house prices to continue, with still significant pressure on new house price adjustments, believing that
cifi hold gp (00884.HK): The cumulative contract sales amount from January to October reached 29 billion yuan.
On November 8, Gelonghui reported that cifi hold gp (00884.HK) announced that in October 2024, the group recorded (i) Contract sales (contract sales of joint ventures and associated companies) amounted to approximately RMB 2.87 billion and the contract sales area was approximately 242,100 square meters, (ii) The average contract sales price is approximately RMB 12,100 per square meter, and (iii) The shareholder's equity of the company accounts for approximately RMB 1.31 billion of the contract sales amount. From January to October 2024, the group recorded (i) cumulative contract sales (contract sales of joint ventures and associated companies) amount
Express News | CIFI Holdings - October Contracted Sales RMB2.87 Bln
Retail Investors in CIFI Holdings (Group) Co. Ltd. (HKG:884) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 17% Last Week
HK Stock Market News | Sunac China Holdings (00884) surged by nearly 8%, 77.88% of creditors signed the restructuring agreement, debt restructuring is expected to enter the court process.
Sunac China Holdings (00884) is now up nearly 8%, as of the time of publication, up 7.89%, at 0.41 Hong Kong dollars, with a turnover of 24.8261 million Hong Kong dollars.
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Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low
spirit999 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html