C&D International Investment Group's Step-Down Unit to Renew Project Management Services Agreements
Mainland real estate stocks fell across the board, yuexiu property (00123) decreased by 3.33%, and the sales of the top 100 real estate companies fell compared to the previous month.
Jinwu Financial News | Mainland real estate stocks are all down, with Yuexiu property (00123) falling 3.33%, c&d intl group (01908) down 3.03%, longfor group (00960) down 2.89%, shimao group (00813) down 2.54%, and china overseas (00688) down 2.33%. According to the report from Zhongyou Securities, data from CRIC indicates that in November, the top 100 real estate companies achieved a sales amount of 363.35 billion yuan, a month-on-month decline of 16.6%, but still an increase of 44.3% compared to September; a year-on-year decrease of 6.9%, with the single-month performance drop being lower than in previous years.
Ping An Securities: Typical urban suburban areas have accumulated inventory and long turnover periods. It is expected that the bottoming out will lag behind the improvement of core areas and good products in the sector.
The path for the real estate industry to "stop falling and stabilize" will follow: "Good products — core areas in first-tier and second-tier cities — stabilization of the national economy — stabilization of the national housing market — stabilization of investment". Low-tier areas (suburbs of second-tier cities + third and fourth-tier cities) are hindered by high inventory levels, leading to a relatively delayed stabilization.
Guolian: The effects of the policy are becoming apparent, with marginal improvements in property/a-reit market sales in October.
According to the national statistics released in January-October 2024, the report on the basic situation of the national real estate market shows that the year-on-year decline in sales area, sales amount, and completed area has all narrowed.
Guolian Securities: Tax incentives implemented to promote real estate transactions and alleviate pressure on real estate companies.
This policy adjustment, on one hand, increases the 1% tax rate area standard from 90 square meters to 140 square meters, while on the other hand, reduces the tax rate for second homes, simultaneously lowering the home purchase costs for first-time buyers and upgraders, with an expected improvement on the demand side.
Individual Investors Own 20% of C&D International Investment Group Limited (HKG:1908) Shares but Public Companies Control 57% of the Company
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[Brokerage Focus] Daiwa Securities pointed out that during the National Day holiday, sales of large real estate developers in mainland China exceeded expectations.
King's Financial News | Morgan Stanley's report shows that mainland large real estate developers' sales during the National Day Golden Week exceeded expectations, with an average year-on-year increase of 39%, accounting for 86% of September's contracted sales. It is highly likely to record double-digit monthly growth, with the year-on-year decline narrowing. Among them, China Resources Land (01109), Greentown China (03900), China Overseas Development (00688), C&D Intl Group (01908), and Yuexiu Property (00123) performed well. The bank expects a strong trend in the coming weeks with improved sentiment, but the sustainability of sales remains the key to outperforming the industry.
Here's Why C&D International Investment Group (HKG:1908) Has A Meaningful Debt Burden
Hong Kong Stocks Break Winning Streak; JD.com Slides 8%
C&D International Investment Contracted Sales Down 35% in Nine Months; Shares Slip 5%
c&d intl group (01908) cumulative contract sales amount attributable to company shareholders' equity for the first 9 months is approximately 66.06 billion yuan, a decrease of approximately 34.8% year-on-year.
c&d intl group (01908) announced that as of the nine months ended September 30, 2024, the group, together with its subsidiaries...
Express News | C&D International Investment - Nine Months Cumulative Contracted Sales Attributable RMB66.06 Bln
Meitan Tian Bought 665% More Shares In C&D International Investment Group
The One-year Shareholder Returns and Company Earnings Persist Lower as C&D International Investment Group (HKG:1908) Stock Falls a Further 4.3% in Past Week
C&D INTL GROUP: INTERIM REPORT 2024
Expectations for a further reduction in loan interest rates for existing housing have risen again, and mainland real estate stocks have shown a strong upward momentum. Midea Real Estate (03990) rose by 8.56%.
Golden Finance News | The mainland real estate market is strong, with Midea Real Estate (03990) up 8.56%, China Jinmao (00817) up 4.76%, China Resources Land (01109) up 4.64%, Longfor Group (00960) up 4.36%, C&D Intl Group (01908) up 4.42%, Logan Group (03380) up 4.05%, Cifi Holdings Group (00884) up 3.67%. On the news front, according to informed sources, China may possibly lower the interest rate for existing housing loans as early as September, reducing the borrowing costs for millions of households and striving to stimulate the market.
Mainland real estate stocks are collectively under pressure. Midea Real Est (03990) fell by 9.6%. Zhongjin pointed out that the current environment urgently needs further enhancement of the stable growth policy.
Kingwu Financial News | Mainland real estate stocks collectively under pressure, Midea Real Est (03990) fell by 9.6%, Seazen (01030) fell by 7.55%, Radiance Hldgs (09993) fell by 6.87%, C&D Intl Group (01908) fell by 6.66%, Shimao Group (00813) fell by 6.15%. Citic Sec research reports indicate that, based on the latest statement from the central bank, the current period remains an important observation period for subsequent mmf policy adjustments. It is expected that in terms of policy direction, the central bank will continue to adhere to a supportive monetary policy, but whether or not there will be incremental mmf policy and the pace of its implementation will depend on factors such as what was previously reported in the media about relevant departments considering.
Mainland real estate stocks experienced a significant decline. Net profits of real estate companies in the first half of the year declined significantly. Top 100 real estate companies continued to see sales decline in August.
Mainland real estate stocks plummeted in early trading. As of press time, C&D Intl Group (01908) fell 8.24%, closing at HKD 11.58; Zhongliang Hldg (02772) fell 6.45%, closing at HKD 0.087; Sino-ocean Gp (03377) fell 3.64%, closing at HKD 0.265.
C&D Intl Group (01908): You Zilin appointed as the company secretary and authorized representative.
c&d intl group (01908) announced that Ms. Gan Meixia (Ms. Gan) has resigned as the company secretary and will no longer...