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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
Insider Stock Buying Reaches CN¥76.3m On C&D International Investment Group
