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Hang Seng Index rose 1.16% at midday, with mainland real estate stocks generally rising.
Grandshores (01647) once surged more than 32%, with a two-day cumulative increase of 60%, Trump's victory driving Bitcoin to a new high.
Hong Kong stocks are active | Mainland real estate stocks generally rise as two departments promote the expansion and efficiency of the white list projects. The combination of real estate policies has shown significant results.
Mainland real estate stocks are generally rising. As of the press time, Sino-Ocean Group (03377) rose by 7.35% to HK$0.365; zhongliang hldg (02772) rose by 6.29% to HK$0.169; r&f properties (02777) rose by 5.06% to HK$1.87.
Hong Kong stocks fluctuate | Mainland real estate stocks collectively decline. The overall improvement in real estate sales, but the differentiation has increased. The continuity of policy effects still needs to be observed.
Mainland real estate collectively fell, as of the time of publication, sino-ocean gp (03377) fell by 7.25%, closing at HK$0.32; sunac (01918) fell by 5.36%, closing at HK$3; ronshinechina (03301) fell by 4.76%, closing at HK$0.6; r&f properties (02777) fell by 3.57%, closing at HK$1.62.
Ke Rui: In October, the performance of the top 100 real estate companies increased year-on-year for the first time this year, while investment remains cautious.
In October, corporate investment still remains cautious, with less than 20% of the top 100 companies in terms of land acquisition recording new land reserves in a single month. Key monitoring companies' investment expansion failed to continue the trend of stabilizing after the decline in September.
China Real Estate Research Institute: The total amount of bonds financing for national real estate companies in October was 28.97 billion yuan, with a slight year-on-year increase for two consecutive months.
In October 2024, the total amount of real estate corporate bonds financing was 28.97 billion yuan, a year-on-year growth of 3.2%, with two consecutive months of positive growth due to the low base effect of the previous year, decreasing by 32.4% month-on-month.
China's Property Market Likely to Continue Near-Term Recovery -- Market Talk
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Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low
凤阁官禄 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html