C&D International Unit to Invest 53 Million Yuan in Residential Joint Venture
C&D INTL GROUP (01908.HK): Signed a cooperation agreement regarding the land in Putian.
Glory Financial reported on December 26 that C&D INTL GROUP (01908.HK) announced that Fuzhou Huicheng Baiyue successfully acquired the land use rights for the land located in the Yuhu Sector of Licheng District, Putian City, China, on November 19, 2024, for a total price of RMB 0.585 billion. On December 26, 2024, the parties (including Xiamen Zhaochengyao, Putian Lianxintai, Fuzhou Huicheng Baiyue, and Putian City Zhuyuan) signed a cooperation agreement, whereby the parties agreed to develop and build Residence and/or commercial projects on the land through the joint venture Putian Lianzhaofeng Real Estate, with Xiamen Zhaochengyao (the company's subsidiary).
C&D International Expands Real Estate Ventures in China
[Brokerage Focus] SWHY expects the Real Estate Industry to bottom out and maintains a 'Bullish' rating on Real Estate and property management.
Gold Eagle Financial News | SWHY stated that over the past three years, China's Real Estate sector has undergone deep adjustments, and the effects of relaxed policies during this period have been limited. The bank believes that the core issue lies not in insufficient demand, but in the weakening of residents' balance sheets. The statements in September to 'stop the decline and stabilize' and in December to 'stabilize the Real Estate and stock markets' clarified the policy approach to repairing residents' balance sheets, demonstrating stronger policy effectiveness than before. The policy has entered a more targeted trajectory, and it is expected that more proactive and substantial policies will be introduced subsequently, with the Industry likely to reach a bottom. Considering that mid-term demand has support but short-term supply has constraints, the bank forecasts that the total will still be skewed next year.
The Five-year Decline in Earnings for C&D International Investment Group HKG:1908) Isn't Encouraging, but Shareholders Are Still up 148% Over That Period
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
C&D International Investment Group Limited's (HKG:1908) Shares Bounce 47% But Its Business Still Trails The Market
[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
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