No Data
Greentown China Expands Project Services With CCCC Southeast Engineering
GREENTOWN CHINA (03900.HK) has signed a decoration and installation agreement.
Gelonghui reported on January 10 that GREENTOWN CHINA (03900.HK) announced that on January 10, 2025, GREENTOWN Construction (a wholly-owned subsidiary of the company) entered into a decoration and installation agreement with China Communications Construction Southeast. According to the decoration and installation agreement, GREENTOWN Construction agrees to provide the installation works of Aluminum alloy doors, windows, and railings for several buildings in the project.
Express News | Greentown China - Unit to Provide Cccc Southeast Engineering With Aluminium Alloy Doors, Others for RMB14.8 Mln
Hong Kong stocks are moving differently | Mainland Real Estate stocks plunged across the board in the morning session due to bearish concerns brought by the real estate companies. SUNAC (01918) once fell nearly 29%.
Mainland Real Estate stocks fell across the board. As of the time of writing, SUNAC (01918) is down 26.86%, trading at HKD 1.28; RONSHINECHINA (03301) is down 11.07%, trading at HKD 0.249; SHIMAO GROUP (00813) is down 8.42%, trading at HKD 0.87.
Zhongzhi Research Institute: In 2024, the Real Estate Industry will achieve a total of 565.31 billion yuan in Bonds financing, a year-on-year decrease of 18.4%.
According to the research, looking ahead to 2025, policy support is expected to drive expectations for recovery, but the Real Estate market still faces many challenges. Financing policies are expected to remain loose, but the scale of financing will still be influenced by the market recovery.
Guolian: The new home market wraps up in December 2024 with a strong finish, while second-hand home transactions hit a record high.
Since the fourth quarter of 2024, the transaction volume in both new and second-hand housing markets has shown some signs of recovery, while the land auction market continues to shrink, and cities are still experiencing differentiation.
