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CIFI Logs Over 1.61 Billion Yuan in February Contracted Sales
CIFI HOLD GP (00884.HK): The cumulative contract sales amount from January to February is 3.42 billion yuan.
On March 5, Glorious Holdings announced that CIFI HOLD GP (00884.HK) recorded contract sales (including joint venture and associate contract sales) of approximately RMB 1.61 billion in February 2025, with a contract sales area of approximately 0.1736 million square meters, and an average contract sales price of about RMB 9,400 per square meter. The company’s shareholders' equity should account for approximately RMB 0.94 billion of the contract sales amount. From January to February 2025, the group recorded cumulative contract sales (including joint venture and associate contract sales) of approximately RMB 3.42 billion and a contract sales area of about 32.3.
Express News | CIFI Holdings - Feb Contracted Sales RMB1.61 Bln
Individual Investors Are CIFI Holdings (Group) Co. Ltd.'s (HKG:884) Biggest Owners and Were Rewarded After Market Cap Rose by HK$420m Last Week
Hong Kong stocks fluctuated | Mainland Real Estate continued to rise in the afternoon. Guangdong Province was the first to issue special bonds to purchase existing land, and Institutions expect that the land reserve progress will accelerate.
Mainland Real Estate continued to rise in the afternoon. As of this report, SHIMAO GROUP (00813) rose by 30.34%, reported at 1.16 HKD; CIFI (00884) rose by 14%, reported at 0.285 HKD; LONGFOR GROUP (00960) rose by 11.07%, reported at 11.24 HKD; SUNAC (01918) rose by 10.15%, reported at 2.17 HKD.
[Brokerage Focus] China Securities Co.,Ltd. indicates that the housing market will continue to stabilize during the Spring Festival and remains Bullish on the overall performance of the real estate Sector.
Jingwu Finance News | China Securities Co.,Ltd. stated that the transaction area of new and second-hand houses in key cities during the Spring Festival has increased compared to the same period last year. From the Spring Festival to now (January 29 to February 7, from the first to the tenth day of the first lunar month), the transaction area of new houses in 29 key cities reached 0.539 million square meters, a growth of 63.4% compared to the same period last year. In terms of second-hand houses, the transaction area in 13 sample cities has been 0.555 million square meters since the Spring Festival, which is an increase of 80.1% compared to the same lunar calendar period last year. The newly added supply of land in 100 cities has decreased both month-on-month and year-on-year. This week, 1.034 million square meters of residential land was newly added in 100 cities, a month-on-month decrease of 81.7% and a year-on-year decrease of 78.9%. The bank pointed out that the real estate market continued to stabilize du
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