Trending Industry Today: SUNAC Leads Losses In Top Gainers Yesterday Stocks

Moomoo NewsFeb 13 02:40 ET

Stock market fluctuations | Mainland Real Estate stocks fell back at the end of trading, with the total sales of the top 100 real estate companies in January dropping by 16.5%. Institutions say the sustainability of market recovery remains to be verified.

As of the time of this report, Mainland Real Estate stocks fell in the afternoon trading session, with RONSHINECHINA (03301) down 13.89% at HKD 0.31; R&F PROPERTIES (02777) down 6.99% at HKD 1.33; SUNAC (01918) down 7.39% at HKD 1.88; and SEAZEN (01030) down 2.15% at HKD 1.82.

Zhitong FinanceFeb 13 02:37 ET

[Brokerage Focus] China Securities Co.,Ltd. indicates that the housing market will continue to stabilize during the Spring Festival and remains Bullish on the overall performance of the real estate Sector.

Jingwu Finance News | China Securities Co.,Ltd. stated that the transaction area of new and second-hand houses in key cities during the Spring Festival has increased compared to the same period last year. From the Spring Festival to now (January 29 to February 7, from the first to the tenth day of the first lunar month), the transaction area of new houses in 29 key cities reached 0.539 million square meters, a growth of 63.4% compared to the same period last year. In terms of second-hand houses, the transaction area in 13 sample cities has been 0.555 million square meters since the Spring Festival, which is an increase of 80.1% compared to the same lunar calendar period last year. The newly added supply of land in 100 cities has decreased both month-on-month and year-on-year. This week, 1.034 million square meters of residential land was newly added in 100 cities, a month-on-month decrease of 81.7% and a year-on-year decrease of 78.9%. The bank pointed out that the real estate market continued to stabilize du

Jinguo Financial NewsFeb 12 19:55 ET

Trending Industry Today: CHINA VANKE Leads Gains In China Mainland Real Estate Stocks

Moomoo NewsFeb 12 02:00 ET

Galaxy Securities: The policy signals from local two sessions are positive and are expected to boost demand for non-ferrous metals.

Galaxy Securities stated that accelerated investment in Infrastructure, the continued trade-in of consumer goods, and the stabilization of the Real Estate market will drive an increase in demand for Copper, Aluminum, and other Nonferrous Metals, supporting the rise in prices of Nonferrous Metals Commodities.

Zhitong FinanceFeb 11 18:59 ET

Hong Kong Property: In January, the registration volume of second-hand Residences exceeding 10 million Hong Kong dollars accounted for the highest proportion in 7 months.

According to Wang Pindi, Director of the Research Department of Hong Kong Property, data from the Land Registry shows that in January, there were 3,091 registrations for second-hand Residences in Hong Kong (including second-hand private residences and second-hand public housing), a decrease of about 12.5% compared to 3,534 in December of last year; among them, there were 357 registrations for second-hand Residences priced over 10 million Hong Kong dollars, a decrease of about 5.6% compared to 378 in December of last year, and the month-on-month decline was less than that of the overall market.

Zhitong FinanceFeb 11 08:35 ET