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Trending Industry Today: SUNAC Leads Losses In Top Gainers Yesterday Stocks
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.
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[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
Express News | Shares of China Vanke in Hong Kong Jump More Than 16%
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