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[Brokerage Focus] CMB International: The downward trend in real estate sales in September may intensify.
Jingu Finance News | CMB International Bank said that the downward trend in real estate sales in September may intensify. The bank pointed out that some cities are adopting a new pricing mechanism, using the internal area of the house rather than the total area as the pricing basis for sales while keeping the total price of the house unchanged. The bank believes that due to the higher price per unit area under this mechanism, it will not promote sales in the short term. However, the bank believes that this will increase transaction transparency, protect the rights and interests of homebuyers, and promote the healthy development of the industry in the long term. Discussions on the policy of allowing conversion of inventory to mortgages are currently underway. The bank believes that this will only be feasible when mortgage interest rates decrease to a level that makes rental yield attractive.
Market Chatter: Hong Kong Rental Property Prices Close to Record High in August
Binjiang Ser (03316): Qi Jiaqi has been transferred to the position of executive director.
Binjiang Ser (03316) announced that Qi Jiaqi will be transferred from a non-executive director to an executive director, starting from the year 2024...
Binjiang Ser (03316) releases interim results, with a net profit attributable to equity shareholders of 0.265 billion yuan, a 14.86% year-on-year increase.
Binjiang Ser (03316) released its interim results for the six months ending June 30, 2024, during which the Group achieved...
Express News | Binjiang Service - Qi Jiaqi Re-Designated to Executive Director
Express News | Binjiang Service Group Co Ltd - Interim Dividend HK$0.630 per Share
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