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R&F PROPERTIES' total sales revenue in January was approximately 0.783 billion yuan, a decrease of 20.1% year-on-year.
R&F PROPERTIES (02777) announced that the group's total sales revenue for January 2025 was approximately 0.783 billion yuan, a year-on-year decrease of 20.1%, with a sales area of approximately 0.0707 million square meters.
Express News | Guangzhou R&F Properties - Jan Total Contracted Sales RMB783 Mln
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.
Hong Kong stocks fluctuated | Mainland Real Estate shares surged during trading, with SUNAC (01918) rising over 18% and CHINA VANKE (02202) increasing over 16%.
Mainland Real Estate surged during trading; as of the time of writing, SUNAC (01918) rose 18.45%, trading at 1.99 Hong Kong dollars; CHINA VANKE (02202) rose 16.36%, trading at 6.33 Hong Kong dollars; SINO-OCEAN GP (03377) rose 11.34%, trading at 0.275 Hong Kong dollars.
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.
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.
103725026 : Trap trap.