No Data
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
Insider Stock Buying Reaches CN¥76.3m On C&D International Investment Group
No Data
