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.

Zhitong FinanceFeb 13 02:37 ET

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.

Zhitong FinanceFeb 11 18:59 ET

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.

Zhitong FinanceFeb 11 08:35 ET

Zhongzhizhong Research Institute: In January, the sales scale of new and second-hand houses in key cities decreased both month-on-month and year-on-year.

On February 10th, the China Index Academy announced that the transaction area of new houses in 30 cities on January decreased by 52.2% month-on-month and 11.7% year-on-year.

Zhitong FinanceFeb 9 18:43 ET

Zhongzhong Research Institute: It is expected that the demand for shop leasing may be released in 2025, but short-term rents may continue to be under pressure.

Looking ahead to 2025, the office market may continue the weak state of 2024, remaining in a bottom consolidation period, with demand moderately recovering to some extent, but short-term rents may continue to face pressure.

Zhitong FinanceJan 23 19:06 ET

The three major Hong Kong stock indices are steadily rising, with Real Estate stocks leading the performance due to bullish factors.

① What factors contributed to today's performance of the Hong Kong stock market? ② Why are Consumer Electronics-related stocks continuously favored by the market?

cls.cnJan 21 03:50 ET