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LONGFOR GROUP (00960) achieved a total contract sales amount of 101.12 billion yuan for the year 2024.
LONGFOR GROUP (00960) released an announcement, stating that by the end of December 2024, the group has achieved a cumulative total contract sales amount...
Longfor Group Announces Robust 2024 Sales and Strategic Land Acquisition
Express News | Longfor Group - Dec Total Contracted Sales RMB8.12 Bln
Hong Kong stocks are moving differently | Mainland Real Estate stocks plunged across the board in the morning session due to bearish concerns brought by the real estate companies. SUNAC (01918) once fell nearly 29%.
Mainland Real Estate stocks fell across the board. As of the time of writing, SUNAC (01918) is down 26.86%, trading at HKD 1.28; RONSHINECHINA (03301) is down 11.07%, trading at HKD 0.249; SHIMAO GROUP (00813) is down 8.42%, trading at HKD 0.87.
Zhongzhi Research Institute: In 2024, the Real Estate Industry will achieve a total of 565.31 billion yuan in Bonds financing, a year-on-year decrease of 18.4%.
According to the research, looking ahead to 2025, policy support is expected to drive expectations for recovery, but the Real Estate market still faces many challenges. Financing policies are expected to remain loose, but the scale of financing will still be influenced by the market recovery.
China's Property Market Likely Boosted by Year-End Campaigns -- Market Talk
