Hong Kong stocks are showing unusual movement | Mainland Real Estate stocks are among the top gainers as the Political Bureau meeting reaffirms the stability of the property market. Institutions state that the property market may enter a new cycle of poli
Mainland Real Estate stocks have risen significantly. As of the time of reporting, RONSHINECHINA (03301) is up 15.15%, priced at 0.38 Hong Kong dollars; CIFI Holdings (00884) has increased by 10.91%, priced at 0.305 Hong Kong dollars; COUNTRY GARDEN (02007) is up 10%, priced at 0.55 Hong Kong dollars; LOGAN GROUP (03380) has increased by 7.69%, priced at 1.12 Hong Kong dollars.
Zhongyuan Mortgage: The amount of mortgages used in Hong Kong in January increased by 18%, and the selection ratio of H rose to 93%.
Wang Meifeng, the Managing Director of Central Plains Mortgage, stated that according to the latest statistics from the Hong Kong Monetary Authority on residential mortgages, the number and amount of new mortgages in Hong Kong significantly increased by 16% and 17.6% month-on-month in January 2025, reaching 3,438 cases and 15.6 billion yuan, respectively. The number of cases has risen for three consecutive months, hitting a four-month high, while the amount has risen for two consecutive months, hitting a five-month high, mainly reflecting the increase in bullish factors since the fourth quarter of 2024, indicating stability in the Hong Kong property market.
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Zhongyuan Real Estate: The latest Zhongyuan Valuation Index CVI reports 36.89 points, hitting a nearly 18-week low.
Yang Mingyi, Senior Co-Director of the Research Department at Zhongyuan Real Estate, pointed out that the latest CVI this week is 36.89 points, down 4.37 points from last week's 41.26 points.
The Central Plains Valuation Index (main Banks) CVI latest reported at 41.26 points, falling for two consecutive weeks, reaching the lowest since the policy report in October last year.
Yang Mingyi, Senior Co-Director of the Research Department of Central Plains Real Estate, pointed out that the latest CVI this week reported 41.26 points, a decrease of 1.92 points from last week's 43.18 points.
The LPR Quote for February is out! The one-year and five-year rates remain unchanged.
The 1-year LPR is 3.1%, and the 5-year LPR is 3.6%, both unchanged from the previous values.
China's Residential Prices Pick Up In January
Kerry Research: The Real Estate market is still in the "stabilization phase after a decline" with resilience remaining in first-tier cities.
According to CRIC Real Estate Research, the current Real Estate market is still in the "stabilization" phase, with expected year-on-year positive growth in February for both new and second-hand home transactions, and first-tier cities still show resilience.
Zhongzhi Research Institute: It is expected that the transaction Volume of the second-hand housing market will rebound after the holiday.
According to a publication by the Central Finger Research Institute, based on the REAL ESTATE INDEX system's price index for 100 cities in China, in January 2025, the average price of second-hand Residences in 100 cities fell by 0.51% month-on-month and decreased by 7.22% year-on-year.
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.
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.
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.
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Zhongzhizhong Research Institute: In January, the sales scale of new and second-hand houses in key cities decreased both month-on-month and year-on-year.
On February 10th, the China Index Academy announced that the transaction area of new houses in 30 cities on January decreased by 52.2% month-on-month and 11.7% year-on-year.
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Zhongzhong Research Institute: It is expected that the demand for shop leasing may be released in 2025, but short-term rents may continue to be under pressure.
Looking ahead to 2025, the office market may continue the weak state of 2024, remaining in a bottom consolidation period, with demand moderately recovering to some extent, but short-term rents may continue to face pressure.
The three major Hong Kong stock indices are steadily rising, with Real Estate stocks leading the performance due to bullish factors.
① What factors contributed to today's performance of the Hong Kong stock market? ② Why are Consumer Electronics-related stocks continuously favored by the market?
According to the index research, the cumulative decline in the prices of second-hand houses nationwide in the fourth quarter of 2024 is narrowing, and the prices in first-tier cities have shown significant stabilization.
According to data monitoring by the Middle Finger Research Institute, in the fourth quarter of 2024, the cumulative decline in second-hand housing prices across all tiers of cities has narrowed, with a significant stabilization in prices in first-tier cities.