Some mainland real estate stocks rose against the market, with Sunac (01918) up 2.68%. Institutions indicated that under the continuous policy efforts in recent period, the housing prices in core cities are expected to become stable.
Some mainland real estate stocks rose against the market, with Shimao Group (00813) up 4.94%, Sino-Ocean Group (03377) up 4.17%, Sunac (01918) up 2.68%, Logan Group (03380) up 2.67%, and Radiance Hldgs (09993) up 1.91%. Inflation data for June in the USA was lower than expected, increasing expectations for a rate cut by the Federal Reserve. Some analysts pointed out that a rate cut by the Federal Reserve would lead to an inflow of funds from the USA to other markets, including China and Hong Kong, which would increase the liquidity of the Hong Kong stock market. At the same time, due to the inflow of funds and improved market expectations, real estate stocks in the Hong Kong stock market
According to Zhongzhi Research Institute, the merger and acquisition activity in the real estate industry continued to increase in June.
According to Zhongzhi Research Institute monitoring, there were 17 merger and acquisition trades in the real estate industry in June 2024, an increase of 2 compared to the previous month.
Hong Kong stock market fluctuations | Mainland real estate stocks have the highest increase, and the policy effects have been reflected in the transaction end according to institutions' bullish view on continuous recovery in real estate.
Mainland real estate stocks rose in early trading, as of press time, Shimao group (00813) rose 12.86%, closing at HKD 0.79; Sunac (01918) rose 8.26%, closing at HKD 1.18; China Vanke (02202) rose 6.86%, closing at HKD 4.83; Agile Group (00884) rose 7.94%, closing at HKD 0.34; Seazen (01030) rose 5.76%, closing at HKD 1.47.
HK stocks fluctuate | Mainland real estate rebounds in the afternoon, the real estate market enters the period of policy effect realization, institutions are bullish on the continued narrowing of the top 100 sales decline in July.
Mainland real estate stocks rebounded in the afternoon. As of press time, R&F Properties (02777) rose 4.88% to HKD 0.86; Sunac (01918) rose 3.85% to HKD 1.08; Cifi Hold GP (00884) rose 3.33% to HKD 0.31.
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.
Sunac and others were forced to execute 2.978 billion yuan.
Jinwu Finance News | According to the legal litigation information of tianyancha, Rongchuang Real Estate Group Co., Ltd., Nanchang Rongchuang Hengye Real Estate Co., Ltd., and Wuhan Rongjingzhenyuan Real Estate Development Co., Ltd. recently added a new executed person information, executed symbol for more than 2.978 billion yuan, and the executing court was Beijing Financial Court. Tianyancha's risk information shows that there are more than 580 executed person information for Rongchuang Real Estate Group Co., Ltd., with a total executed amount of 29.5 billion yuan. In addition, the company also has multiple limiting consumption orders, dishonest executed persons (“Lao lai”), and final case information.
Hong Kong stocks abnormal | Mainland real estate stocks collectively decline, the top 100 real estate companies in June showed significant growth compared to the previous month, and institutions believe that the effectiveness of loose policies still requi
Mainland real estate stocks collectively fell. As of press time, Sunac China (01918) dropped 6.9% to HKD 1.08; China Vanke (02202) fell 5.66% to HKD 4.5; R&F Properties (02777) fell 5.32% to HKD 0.89; Seazen (01030) fell 2.92% to HKD 1.33.
htsc: The land market supply and demand continues to be weak, focusing on real estate companies with core urban resources.
The land market is still weakly running in the first half of 2024, and the trend of shrinking volume continues, while the previously maintained rising transaction average price also decreased year-on-year in the first half of the year.
Sunac China Holdings Reports June Sales Data
Sunac China (01918) achieved a cumulative contract sales amount of 26.28 billion yuan in the first half of the year, a year-on-year decrease of 49.6%.
Sunac (01918) announced that by June 2024, the group achieved a contract sales amount of approximately 15 billion yuan...
Express News | Sunac China - June Achieved Contracted Sales Value RMB1.56 Bln
Mainland real estate stocks fell across the board. Agile Group (03383) fell by 3.47%. From today on, personal mortgage loans for housing projects with a capped main structure will be strictly implemented.
Inside the mainland real estate sector, the decline continued. As of press time, Agile Group (03383) fell by 3.47%, CIFI Hold GP (00884) fell by 3.03%, China RES Land (01109) fell by 1.79%, Sunac (01918) and China Vanke (02202) followed suit. In terms of news, it has been reported that several commercial banks in Shenzhen have required that personal housing mortgage loans can only be lent after the main structure has been capped. In other words, banks will only issue personal housing mortgage loans for housing projects in which the main structure has already been topped off. The relevant regulations will be formally implemented from the 5th. Bank of China.
Hong Kong stock market anomaly | Mainland real estate stocks are generally under pressure. Property sales in June have improved, but policy support is still needed for housing prices to bottom out.
According to Zhitong Finance, mainland real estate stocks were generally under pressure in early trading. As of press time, Seazen (01030) fell 4.17%, closing at HKD 1.38; Shimao Group (00813) fell 2.67%, closing at HKD 0.73; Sunac (01918) fell 1.71%, closing at HKD 1.15; Yuexiu Property (00123) fell 1.7%, closing at HKD 5.19. In terms of news, according to the China Index Academy, it is expected that in the second half of the year, under the continuous efforts of various policies, the market downturn trend will slow down. However, resident wait-and-see sentiment and expectations of housing prices will still drag down the market repair pace, and the market as a whole may still be at the bottom.
HTSC: Stabilization of housing prices in Beijing and Shanghai sends bullish signals and is expected to accelerate the recovery of the real estate market.
HTSC stated that several volume and price indicators in first-tier cities have shown improvement compared to the previous period. In particular, the cessation of the decline in housing prices in Beijing and Shanghai has conveyed bullish signals, and it is expected to accelerate the expectation of real estate market recovery. It is still necessary to continue to monitor the sustainability of the recovery of volume and price in core cities.
Chinese Property Share Prices Likely Volatile Ahead of Third Plenum -- Market Talk
Chinese property share prices will likely be volatile ahead of the mid-July third plenary session as investors speculate about further policy stimulus for the sector, Daiwa analyst William Wu says in a research note.
htsc: There are signs of real estate sales recovery after the new policy.
HTSC stated that since 517, there have been signs of real estate sales recovery.
Ke Rui: In the first half of the year, the total amount of land acquired by the top 100 real estate companies decreased by 40% year-on-year, which is the largest decline since 2023.
Overall, in the first six months, corporate investment has continued to shrink. The total amount of land acquired by the top 100 investors in the first half of the year decreased by 40% year-on-year, the largest decline since 2023.
Hong Kong Stock Market Live | Mainland real estate stocks generally rebounded, and the transaction volume of new and second-hand housing increased compared with the previous period, with the hope that the supply and acquisition policy will be implemented
Mainland real estate commonly rebounds. As of press time, Midea Real Est (03990) rose 4.71%, reporting HKD 6.67; Shimao Group (00813) rose 4.05%, reporting HKD 0.77; Sunac (01918) rose 2.56%, reporting HKD 1.2.
Chinese Regulators Likely to Step Up Property Support in 2H
Chinese regulators will likely step up intervention to boost the property sector in 2H, Daiwa analyst William Wu writes in a note. All Tier 1 cities have eased home-buying curbs aggressively since the
Hong Kong stock market changes|Mainland real estate continues recent decline, Shanghai real estate market has stabilized first, institutions say that the trend of recovery needs to be further strengthened.
Mainland real estate stocks continue their recent decline. As of press time, China Vanke (02202) was down 3.88%, trading at HKD 4.96; Sunac (01918) was down 3.28%, trading at HKD 1.18; Seazen (01030) was down 2.22%, trading at HKD 1.32; and R&F properties (02777) was down 1.1%, trading at HKD 0.9.