Stock market fluctuations | Mainland Real Estate stocks fell back at the end of trading, with the total sales of the top 100 real estate companies in January dropping by 16.5%. Institutions say the sustainability of market recovery remains to be verified.

As of the time of this report, Mainland Real Estate stocks fell in the afternoon trading session, with RONSHINECHINA (03301) down 13.89% at HKD 0.31; R&F PROPERTIES (02777) down 6.99% at HKD 1.33; SUNAC (01918) down 7.39% at HKD 1.88; and SEAZEN (01030) down 2.15% at HKD 1.82.

Zhitong FinanceFeb 13 02:37 ET

Galaxy Securities: The policy signals from local two sessions are positive and are expected to boost demand for non-ferrous metals.

Galaxy Securities stated that accelerated investment in Infrastructure, the continued trade-in of consumer goods, and the stabilization of the Real Estate market will drive an increase in demand for Copper, Aluminum, and other Nonferrous Metals, supporting the rise in prices of Nonferrous Metals Commodities.

Zhitong FinanceFeb 11 18:59 ET

Hong Kong Property: In January, the registration volume of second-hand Residences exceeding 10 million Hong Kong dollars accounted for the highest proportion in 7 months.

According to Wang Pindi, Director of the Research Department of Hong Kong Property, data from the Land Registry shows that in January, there were 3,091 registrations for second-hand Residences in Hong Kong (including second-hand private residences and second-hand public housing), a decrease of about 12.5% compared to 3,534 in December of last year; among them, there were 357 registrations for second-hand Residences priced over 10 million Hong Kong dollars, a decrease of about 5.6% compared to 378 in December of last year, and the month-on-month decline was less than that of the overall market.

Zhitong FinanceFeb 11 08:35 ET

Powerlong Real Estate Announces January 2025 Sales Performance

TipRanksFeb 10 04:08 ET

POWERLONG (01238.HK) had a total contracted sales amount of 0.691 billion yuan in January.

On February 10, Gelonghui announced that POWERLONG (01238.HK) reported the total contracted sales amount (including the contracted sales amounts of jointly controlled entities and joint ventures) and the total contracted sales area for the month ending January 31, 2025, were approximately 0.691 billion yuan and 58,331 square meters, respectively.

Gelonghui FinanceFeb 10 03:45 ET

Express News | Powerlong Real Estate - January Total Contracted Sales RMB691 Mln

ReutersFeb 10 03:44 ET