SUNAC News

Year-end review | In 2024, the CNI Yangtze Index mortgage rates will experience a "three consecutive declines". The LPR in 2025 is expected to continue to decrease, and mortgage rates are likely to stabilize at a low level.

① This year, the LPR has experienced three significant reductions, with the one-year LPR down a total of 35 basis points and the five-year LPR down a total of 60 basis points, both annual declines reaching new highs since the LPR reform. ② After the re-pricing at the beginning of 2025, the interest rate for existing first-time home loans will decrease by a total of 110 basis points to 3.3%. From the perspective of Consumer, the reduction in interest rates on existing home loans significantly boosts Consumer spending.

cls.cn21:37 ET

Brokerage morning meeting highlights: It is expected that 2025 will be the first year when the Real Estate Industry truly achieves stability and long-term development.

At today's Brokerage morning meeting, CITIC SEC proposed that 2025 will be the year when the Real Estate Industry truly stabilizes and moves forward; Tianfeng stated that industry demand is expected to recover, and the Autos Sector may gradually become optimistic; China Securities Co.,Ltd. pointed out that the current valuation of the Baijiu(Chinese Liquor) Sector remains low overall, highlighting its long-term investment value.

cls.cn19:22 ET

The land market in core cities is partially heated in 2024, and a differentiated market trend may continue next year | Promoting the stabilization of the real estate market.

① In 2024, changes in the Real Estate Industry's land market will become an undeniable chapter. ② The support of special bonds for the acquisition of existing land and the adjustment of land auction policies in first-tier cities may have a significant impact on the future land market.

cls.cnDec 30 10:01 ET

Hong Kong stock movement | Mainland Real Estate stocks fell broadly in the early session, with many stocks declining over 3%. Institutions stated that the Sector is under pressure, reflecting the market's ongoing doubts about the sustainability of transac

Mainland Real Estate stocks fell broadly in the morning session. As of the time of this report, SINO-OCEAN GP (03377) dropped 5.6% to HKD 0.236; SUNAC (01918) fell 3.8% to HKD 2.28; R&F PROPERTIES (02777) declined 3.57% to HKD 1.35; SEAZEN (01030) decreased 2.23% to HKD 1.75.

Zhitong FinanceDec 29 22:51 ET

Kerry Real Estate Research: In 2024, the national land transaction scale will continue to shrink as inventory decreases, and the support from city investment will remain strong.

According to a report released by CRIC Real Estate Research, it is expected that by 2025, more high-quality and high-priced land parcels will be transacted, and in terms of trade scale, it is also expected to stabilize at a low level that matches the scale of Commodity transactions.

Zhitong FinanceDec 26 04:11 ET

Express News | Sunac China Bondholders Approve Four More Bonds as Part of $2.1 Bln Onshore Bonds Restructuring Plan, Source Says

ReutersDec 24 05:36 ET

Express News | Sunac China Further Delays Voting Deadline for Rest of the Bonds to Dec 27, Source Says

ReutersDec 24 05:36 ET

Why has the implementation of Real Estate 'acquisition' been slow?

① "Although some places have announced the situation of storage, overall, the acquisition of stock land and commercial housing in various regions faces multiple difficulties, making the related implementation work not easy." ② Whether it is repurchasing idle land or acquiring existing commercial housing, there is a certain time interval from raising funds to completing the storage; how to ensure that funds can be effectively circulated within a certain period and achieve expected returns is also a factor that various regions have to consider.

cls.cnDec 23 09:51 ET

Some Mainland Real Estate stocks are weakening. RONSHINECHINA (03301) fell by 4.76%. Institutions indicate that the overall Real Estate market may still be in the bottoming phase in 2025.

Jinwu Financial News | Mainland Real Estate stocks have weakened; as of the time of writing, RONSHINECHINA (03301) is down 4.76%, R&F PROPERTIES (02777) is down 2.74%, SUNAC (01918) is down 1.23%, and CHINA VANKE (02202) is down 1.25%. In terms of news, a report released by the China Index Academy shows that in 2024, influenced by the large-scale entry of subsidized rental housing and weak expectations for household income, rents for residences in key cities are expected to decline. From January to November, the average rent for residences in 50 cities nationwide has decreased by 2.72%, with first-tier, second-tier, and third-fourth tier representative cities experiencing a decline of 2.2%.

Jinwu Financial NewsDec 22 21:18 ET

Market Chatter: Sunac Seeks Compensation for Botched Dalian Wanda Deal

MT NewswiresDec 20 06:04 ET

Wanda stated that Sunac has no reason to request the repurchase of the 9.5 billion investment shares.

On the afternoon of December 20, it was reported that SUNAC has filed an arbitration against Wanda Group with the China International Economic and Trade Arbitration Commission, demanding Wanda pay 9.5 billion yuan for share repurchase. In response, an internal source from Wanda stated that SUNAC has no contractual basis to request Wanda to repurchase shares, thus the reason for the repurchase is not valid. According to authoritative sources, SUNAC has been looking to exit its 9.5 billion yuan investment in Wanda to recover funds, having submitted the arbitration to the China International Economic and Trade Arbitration Commission in January 2024, and the arbitration process has started in March 2024, after nearly a year of deliberation.

Sina TechnologyDec 20 03:29 ET

Hong Kong stocks are moving | Mainland Real Estate stocks generally fell in early trading. RONSHINECHINA (03301) once dropped nearly 7%, while SUNAC (01918) fell more than 3% in early trading.

Mainland Real Estate stocks fell sharply in early trading. As of the time of writing, RONSHINECHINA (03301) dropped by 5.81% to 0.405 Hong Kong dollars; SUNAC (01918) decreased by 2.86% to 2.38 Hong Kong dollars; R&F PROPERTIES (02777) fell by 2.72% to 1.43 Hong Kong dollars; SEAZEN (01030) declined by 2.13% to 1.84 Hong Kong dollars.

Zhitong FinanceDec 18 22:22 ET

According to the Central Finger Research Institute: In November, the average transaction price of second-hand Residences in 100 cities fell by 0.57% month-on-month, while the Volume in Shenzhen doubled year-on-year.

Data monitoring shows that in November 2024, the average price of second-hand Residences in 100 cities is 14,278 yuan per square meter, a month-on-month decrease of 0.57%, narrowing the decline by 0.03 percentage points compared to October; a year-on-year decrease of 7.29%.

Zhitong FinanceDec 17 18:44 ET

Keari Real Estate Research: In November, the Residence market transactions maintained a high level for the year.

In November, the supply scale grew month-on-month and year-on-year, with the supply volume in 100 typical cities at 15.07 million square meters, a year-on-year decrease of 26.3%, but a month-on-month increase of 43.4%.

Zhitong FinanceDec 17 06:34 ET

Statistics Bureau: From January to November, national Real Estate Development investment decreased by 10.4% year-on-year.

Today, the National Bureau of Statistics released data showing that from January to November, national Real Estate Development investment was 9363.4 billion yuan, a year-on-year decrease of 10.4%; among which, Residence investment was 7119 billion yuan, a decrease of 10.5%.

cls.cnDec 15 21:06 ET

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.

Zhitong FinanceDec 13 00:44 ET

Market Chatter: Sunac China Gets Approval From Some Bondholders for Onshore Debt Restructuring Plan

MT NewswiresDec 11 04:41 ET

Express News | Sunac China Bondholders Approve Two of Ten Bonds as Part of $2.1 Bln Onshore Bonds Restructuring Plan, Source Says

ReutersDec 10 05:00 ET

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.

Zhitong FinanceDec 9 20:24 ET

Standard Chartered: It is expected that the Federal Reserve will cut interest rates by 125 basis points from the current period to the third quarter of next year. The housing market in Hong Kong is expected to stabilize in an L-shaped manner next year.

Although the usa's interest rate cut is slower than expected in both magnitude and speed, Hong Kong silver has reacted quite quickly to follow the usa's interest rate cut, hence it is expected that the real estate market will stabilize in an L-shaped manner next year.

Zhitong FinanceDec 9 00:45 ET