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CITIC SEC: The policy framework continues in 2025, with increased policy support helping the Real Estate sector stabilize and rebound.
In the medium to long term, China's real estate market has a broad base of genuine demand, and the supply-side reform has basically been completed, providing a promising development prospect for high-quality Real Estate Development companies.
KWG Group Records 650 Million Yuan in Pre-sales for November
KWG GROUP (01813.HK): The pre-sales amount in November was 0.65 billion yuan.
Glory Financial reported on December 10 that KWG GROUP (01813.HK) announced that in November 2024, the group's sales and those of its joint ventures and associated companies amounted to 0.65 billion yuan, a decrease of 48.0% compared to the same period last year. The presold construction area of the group and its joint ventures and associated companies was approximately 32,900 square meters, a decrease of 52.6% compared to the same period last year.
KWG GROUP (01813) had a pre-sale amount of 0.65 billion yuan in November, a decrease of 48% year-on-year.
KWG GROUP (01813) announced that in November 2024, the group and its joint ventures and associated companies...
Express News | KWG Group - November Pre-Sales Value RMB650 Mln
Hong Kong stocks move | Mainland real estate stocks opened higher across the board. The Political Bureau meeting emphasized to "stabilize the real estate market," and policies for both supply and demand in real estate are expected to increase.
Mainland real estate shares opened higher across the board. As of the time of writing, sunac (01918) rose 13.84% to HKD 3.29; ronshinechina (03301) rose 13.73% to HKD 0.58; radiance hldgs (09993) rose 12.65% to HKD 3.74.
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Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low
spirit99 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html
103725026 : What happened?
103725026 : Oh, no movement.