The 美联 house price Index fell by 0.13% week-on-week, continuing to create a new low of over 8 and a half years.

The latest "Morgan Stanley Confidence Index" reports 60.2 points, down 5.2% week-on-week, marking four consecutive weeks of decline. The financial budget announced a significant reduction of the property stamp duty for properties valued at 4 million HKD or below to 100 HKD, which is bullish for the atmosphere of the Hong Kong real estate market; however, several new developments have taken advantage of the situation to launch sales, and some eager sellers have lowered their prices, resulting in an increase in discounted listings and a decline in the confidence index.

Zhitong FinanceMar 10 08:52 ET

Express News | Jiu Rong - Minimum Selling Price for Disposal HK$0.17 per Sundy Service Group Share

ReutersMar 6 07:59 ET

Express News | Jiu Rong Holdings Ltd - Seeks Approval to Dispose of 92.4 Mln Sundy Service Group Shares

ReutersMar 6 07:57 ET

Market Update | Property management stocks have risen across the board, with JINMAO SERVICES up over 9%, and CG SERVICES up nearly 8%. Leading companies in the property management Industry are continuously expanding their scale, and the Industry concentra

Recently, CRIC released the TOP 50 property service companies in China for new contract area in January 2025. In January, the TOP 50 companies added approximately 78.08 million square meters of new contract area, with new third-party expansion totaling 71.46 million square meters, and the scale of leading companies continues to expand.

Zhitong FinanceMar 2 22:10 ET

Sundy Service Group Engages in Structured Deposit to Optimize Idle Funds

TipRanksFeb 27 04:21 ET

Songdu Services (09608.HK) subscribed to a structured deposit product worth 50 million yuan.

On February 27, Gelonghui reported that Songdu Services (09608.HK) announced that to fully utilize the group's idle funds for better returns, on February 27, 2025, the company's subsidiary Hangzhou Xingrun entered into a structured deposit product agreement with MINSHENG BANK. According to this agreement, Hangzhou Xingrun agreed to subscribe to a structured deposit product of 50 million yuan with MINSHENG BANK using the group's internal funds.

Gelonghui FinanceFeb 27 03:40 ET