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Shanghai will develop new technologies such as embodied intelligence and generative AI. By 2027, it will preliminarily establish a highland for retirement technology innovation and industrial development.
The Shanghai Municipal People's Government Office issued a notice on the 'Shanghai Retirement Technology Innovation and Development Action Plan'.
Sino-Ocean Group Logs Nearly 8.8 Billion Yuan in June Contracted Sales
Sino-Ocean Group Holding (HKG:3377) recorded contracted sales of approximately 8.77 billion yuan in June, with a contracted sales gross floor area (GFA) of 507,000 square meters, according to a
Hong Kong stocks fluctuate | Mainland real estate stocks rose in early trading. New home sales in the first week of July turned positive year-on-year, and the effect of real estate policies is expected to continue to be released.
According to the WiseNews app, mainland real estate shares rose across the board in early trading, as of press time, Sino-Ocean Gp(03377) increased by 4.76%, to HKD 0.33, Seazen(01030) rose by 4.62%, to HKD 1.36, Shimao Group(00813) increased by 4.62%, to HKD 0.68, Cifi Hold Gp(00884) increased by 3.39%, to HKD 0.305. On the news front, according to statistics from Caitong Securities, the sales volume of commodity housing in the top 30 cities increased by 3.33 million square meters in the 27th week, an increase of 21.2% MoM and 31.9% YoY. In terms of city levels, the top 30
Sino-Ocean GP (03377.HK): The cumulative contracted sales in the first half of the year were RMB 18.33 billion.
Sino-Ocean Group (03377.HK) announced that the company, together with its subsidiaries, joint ventures, and associated companies, has a collective agreement sales of approximately RMB 8.77 billion for June 2024. The agreed sales floor area is about 0.507 million square meters, and the agreed average selling price is about RMB 17,300 per square meter. The cumulative agreed sales for January to June 2024 is approximately RMB 18.33 billion. The agreed sales floor area is approximately 1.5141 million square meters, with an agreed average selling price of about RMB 12,100 per square meter.
Express News | Sino-Ocean Group - June Contracted Sales RMB8.77 Bln
GF Sec: Land Activation Fund Established, New Home Sales Turn Positive year-on-year in early July.
GF sec released research reports stating that the state-owned assets supervision and administration commission has set up a special fund for land consolidation with a total size of 30 billion yuan and requires central SOEs to report pilot projects to try to solve the problem of long-term high inventory in the real estate market. On the local policy side, this week still mainly focuses on relaxing housing provident fund policies and providing housing subsidies to boost demand, and various regions are still exploring new policies to stimulate demand.
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