01918 SUNAC
- 1.070
- +0.030+2.88%
SUNAC News
The real estate sector has two consecutive surges, the China Southern CSI All Share Real Estate ETF and the real estate ETF rose by 2%.
Reducing inventory of existing homes is one of the main focuses of current real estate policies.
The central government supports the real estate industry to accelerate destocking and the industry will rebound significantly with multiple supports.
Recently, the real estate industry has gradually shown bullish signals, providing logical support for a new round of real estate cycle.
Mainland real estate stocks rose across the board in early trading. Shenzhen has issued requirements for the collection of existing housing, and the acquisition of existing housing may accelerate significantly after September.
On August 9th, mainland real estate stocks rose in early trading. As of press time, Shimao Group (00813.HK) rose 12.86% to HKD 0.79; Sino-Ocean Group (03377.HK) rose 7.58% to HKD 0.355; China Vanke (02202.HK) rose 6.08% to HKD 4.36; Sunac (01918.HK) rose 4.81% to HKD 1.09; R&F Properties (02777.HK) rose 5.19% to HKD 0.81. Quotation source: Futubull. On the news front...
GTJA: Real estate industry still focused on destocking, suggesting balanced allocation.
GTJA Securities released a research report stating that from January to July 2024, the scale of land acquisition by real estate companies continued to shrink significantly year-on-year, reflecting a further increase in the concentration of central and state-owned enterprises.
Hong Kong stock market moves: Mainland real estate sector collectively rises, various regional property markets release bullish signals, and supply and demand policies continue to drive the sector.
Mainland real estate stocks collectively rose. As of press time, Shimao Group (00813) rose by 10.61% to HKD0.73; Sino-Ocean Group (03377) rose by 7.81% to HKD0.345; Sunac (01918) rose by 6.93% to HKD1.08.
Mainland real estate stocks rose across the board. Shimao Group (00813) rose by 4.55%. Shenzhen Anju Group plans to acquire commodities for use as affordable housing.
Inner city real estate stocks are up, as of publication, Shimao Group (00813) rose by 4.55%, Sino-Ocean GP (03377) rose by 3.13%, Radiance Hldgs (09993) rose by 3.03%, Agile Group (03383) rose by 2.17%, Sunac (01918) rose by 1.98%. In terms of news, on August 7th, the Anju Group Co., Ltd. under the Shenzhen Municipality plans to acquire commodities for use in affordable housing projects. It is soliciting residential, apartment, dormitory and other types of commodity properties within the Shenzhen region for affordable housing projects, and will prioritize selection.
Sunac China Logs 1.4 Billion Yuan in July Contracted Sales
Sunac (01918) achieved a contract sales amount of approximately 27.69 billion yuan in the first 7 months, a year-on-year decrease of 51.64%.
Sunac (01918) announced that in July 2024, the group realized a contract sales amount of approximately RMB 14 billion....
Express News | Sunac China - July Contracted Sales Value RMB1.41 Bln
China Index Academy: From January to July, the total amount of land acquired by the top 100 real estate enterprises nationwide was 430.71 billion yuan, a year-on-year decrease of 38.0%.
On August 1st, Zhongzhi Research Institute released a document stating that from January to July 2024, the total land acquisition of the TOP100 enterprises was 430.71 billion yuan, a year-on-year decrease of 38.0%, which continued to increase by 2.2 percentage points compared to the decline from January to June.
Hong Kong Stock Concept Tracking | Official Document! Promote New Urbanization Construction, Top Real Estate Enterprises Expected to Benefit First (with Concept Stocks)
The State Council recently issued the "Five-year Action Plan for Deepening the Implementation of the People-oriented New Urbanization Strategy".
Hong Kong stock concept tracking | Real estate collection and storage scope will gradually expand and strive, policy support to continue to promote destocking (with concept stocks)
Puyin International pointed out that the focus of real estate policy is still on helping real estate companies digest inventory.
Hong Kong stock market anomaly | Mainland real estate stocks collectively rise, Political Bureau meeting again mentions digestion of stock and storage and purchase, real estate companies continue to promote destocking.
Mainland real estate shares collectively rose. As of press time, CIFI Holdings Group (00884) rose 7.41% to HKD 0.29; Sunac China (01918) rose 6% to HKD 1.06; China Vanke Enterprise (02202) rose 4.4% to HKD 4.27; Longfor Group (00960) rose 3.69% to HKD 10.12.
Ke Rui: Total demand for housing in the first half of the year continued to shrink, and the total volume of transactions in primary and secondary housing decreased by 22% year-on-year.
On July 29th, Ke Research released a statement stating that in the first half of 2024, the real estate market will continue to undergo deep adjustments, with a continuous contraction in the total demand for housing and a year-on-year decrease of 22% and a decrease of 7% compared to the previous period in the total volume of transactions for both new and existing homes.
According to Zhongzhi Research, the overall transaction volume of the real estate market increased month-on-month last week, and second-tier cities saw significant growth in transaction volume.
According to the data released by the China Index Academy, the overall transaction volume of the real estate market increased on a month-on-month basis last week, with significant increases in second-tier cities. The overall inventory ratio decreased slightly. The residential land transaction volume in 40 large and medium-sized cities was 1.06 million square meters, with a land transfer fee of 5 billion yuan.
GTJA: Lowering LPR can help alleviate the difference between new and old mortgage rates. Real estate companies suggest a dual-end configuration.
Adjusting the add-on points for mortgage loans and the LPR for stock loans, considering that there has already been a reduction in add-on points in the previous period, this reduction in LPR has a greater impact on stock loans, while also helping to alleviate the difference in interest rates between new and old mortgage loans.
Sinolink Securities: Third Plenary Session of the 18th CPC Central Committee first proposed real estate. Second-hand housing prices in Beijing and Shanghai increased month-on-month.
The communique of the Third Plenary Session on the policy front first proposes to prevent and resolve real estate risks and point out the direction of future real estate development. It is expected that the previous policy of destocking will accelerate its implementation, restrictive policies will continue to be relaxed, and the new model of "indemnificatory apartments + commodity apartments" will accelerate its construction, speeding up the process of market stabilization.
Some mainland real estate stocks rose against the market, with Sunac (01918) up 2.68%. Institutions indicated that under the continuous policy efforts in recent period, the housing prices in core cities are expected to become stable.
Some mainland real estate stocks rose against the market, with Shimao Group (00813) up 4.94%, Sino-Ocean Group (03377) up 4.17%, Sunac (01918) up 2.68%, Logan Group (03380) up 2.67%, and Radiance Hldgs (09993) up 1.91%. Inflation data for June in the USA was lower than expected, increasing expectations for a rate cut by the Federal Reserve. Some analysts pointed out that a rate cut by the Federal Reserve would lead to an inflow of funds from the USA to other markets, including China and Hong Kong, which would increase the liquidity of the Hong Kong stock market. At the same time, due to the inflow of funds and improved market expectations, real estate stocks in the Hong Kong stock market
According to Zhongzhi Research Institute, the merger and acquisition activity in the real estate industry continued to increase in June.
According to Zhongzhi Research Institute monitoring, there were 17 merger and acquisition trades in the real estate industry in June 2024, an increase of 2 compared to the previous month.
Hong Kong stock market fluctuations | Mainland real estate stocks have the highest increase, and the policy effects have been reflected in the transaction end according to institutions' bullish view on continuous recovery in real estate.
Mainland real estate stocks rose in early trading, as of press time, Shimao group (00813) rose 12.86%, closing at HKD 0.79; Sunac (01918) rose 8.26%, closing at HKD 1.18; China Vanke (02202) rose 6.86%, closing at HKD 4.83; Agile Group (00884) rose 7.94%, closing at HKD 0.34; Seazen (01030) rose 5.76%, closing at HKD 1.47.
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