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According to CRIC: In January, the top 50 Property Service companies added contract area of approximately 78.08 million square meters, and the leading companies continue to expand their scale.
In terms of urban service projects, CHINA RES MIXC became the champion of contract amounts for urban service projects in January with a contract value of 83.95 million yuan.
[Brokerage Focus] CIB International expects the growth rate of new home sales in mainland China to decline by 11% this year, while the transaction amount of second-hand houses is expected to increase by 5%.
Goldengates Financial News | According to a research report from CMB International, the contract sales amount of the top 10 real estate companies in the mainland fell by 1.5% year-on-year in January, with a reduction in new supply. The firm expects the annual growth rate of new home sales to decline by 11% to 7 trillion yuan in 2025, while the transaction amount of second-hand homes is expected to increase by 5% to reach 7.5 trillion yuan, officially surpassing new homes to become the dominant market in the Industry. In terms of stock selection, the firm suggests focusing on symbols with strong business operation capabilities such as CHINA RES LAND (01109) and LONGFOR GROUP (00960), as development continues to shrink, and the Retail Trade business has better risk resilience. When signs of economic stabilization appear, the Retail Trade business performs better than development.
Binjiang Service Group Shareholders to Vote Jan. 17 on Contract Renewal
The Central Finger Research: In December, the SSE Conglomerates Index for property service prices in twenty cities slightly declined, with Wuhan experiencing the largest decrease.
In December 2024, the Property Service price SSE Conglomerates Index for twenty cities was 1075.37, a year-on-year decrease of 0.01% and a month-on-month decrease of 0.03%, with both year-on-year and month-on-month figures shifting from an increase to a decrease.
The research institute found that the disclosure rate of the ESG reports of listed Property Service companies reached 95.65% overall.
The Zhongzhi Research Institute has released the 2024 ESG evaluation research report for listed Property Service companies in China.
Is Binjiang Service Group Co. Ltd.'s (HKG:3316) Recent Stock Performance Tethered To Its Strong Fundamentals?
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