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Sinolink Securities: Third Plenary Session of the 18th CPC Central Committee first proposed real estate. Second-hand housing prices in Beijing and Shanghai increased month-on-month.
The communique of the Third Plenary Session on the policy front first proposes to prevent and resolve real estate risks and point out the direction of future real estate development. It is expected that the previous policy of destocking will accelerate its implementation, restrictive policies will continue to be relaxed, and the new model of "indemnificatory apartments + commodity apartments" will accelerate its construction, speeding up the process of market stabilization.
According to Zhongzhi Research Institute, the merger and acquisition activity in the real estate industry continued to increase in June.
According to Zhongzhi Research Institute monitoring, there were 17 merger and acquisition trades in the real estate industry in June 2024, an increase of 2 compared to the previous month.
htsc: The land market supply and demand continues to be weak, focusing on real estate companies with core urban resources.
The land market is still weakly running in the first half of 2024, and the trend of shrinking volume continues, while the previously maintained rising transaction average price also decreased year-on-year in the first half of the year.
Times China Holdings Reports Mid-Year Sales
Times China Holdings Limited (01233.HK): The cumulative contract sales amount in the first half of the year was 4.291 billion yuan.
On July 5th, Gleamray China Holdings (01233.HK) announced that the cumulative contract sales (including joint venture project sales) of the group for the six months ending on June 30, 2024 was approximately 4.291 billion yuan, and the contracted construction area was approximately 0.337 million square meters. In June 2024, the group's contract sales (including joint venture project sales) amounted to approximately RMB 0.705 billion yuan, and the contracted construction area was approximately 0.07 million square meters.
Express News | Times China - June Contracted Sales RMB705 Mln
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