Express News | The joint statement of the China-USA Geneva Economic and Trade Talks has been released.

BreakingsMay 12 15:00

According to S&P, the downward trend in the Chinese property market is expected to begin to ease, with this year's first-hand property sales expected to decline by only 3%.

S&P Global Ratings published a report indicating that the downward trend in the domestic Real Estate Sector has finally begun to abate. Policymakers believe that stable housing prices are a key factor for Consumer demand, and the Institutions also believe this is an important factor in combating tariff pressures. With stable housing prices, companies focused on first and second-tier cities that have access to funding are most likely to benefit, while companies with insufficient funding may not benefit.

AASTOCKSMay 12 10:21

Announcement Highlights | Contemporary Amperex Technology will start its IPO on May 12, with the issue price not exceeding 263 Hong Kong dollars; Shandong Molong Petroleum Machinery: the controlling shareholder has cumulatively reduced their shareholding

① Guangzhou Automobile Group's April auto sales fell by over 10%, what is the impact? ② CHINA OVERSEAS's sales exceeded 66 billion yuan this year, what is the growth rate?

cls.cnMay 12 08:37

Zhongzhizhu Research Institute: In April, the demand for housing rentals decreased, and the total number of managed rental units by the top 30 companies increased to 1.897 million.

In April, the threshold for the top 30 companies to enter the list of opening scale is maintained at 14,847 rooms; the cumulative management housing resources reached 1.897 million rooms.

Zhitong FinanceMay 12 07:50

Hong Kong stock morning report | China and the United States reach an important consensus. In April, the retail sales of New energy Fund Passenger Vehicle in the market increased by more than 20% year-on-year.

① The United States and China reached an important consensus, and the talks made substantial progress. ② The Passenger Vehicle Association: In April, the retail market for New energy Fund Passenger Vehicles was 0.905 million units, a year-on-year increase of 33.9%. ③ The National Bureau of Statistics: In April 2025, the industrial producer price index fell by 2.7% year-on-year. ④ The iPhone product line is reportedly set for major expansion: two new models will be launched each year, with a maximum of six new products.

cls.cnMay 12 07:09

CH OVS G OCEANS (00081.HK) achieved a contract sales amount of 2.624 billion yuan in April, a year-on-year decrease of 18.1%.

On May 9, Gelonghui reported that CH OVS G OCEANS (00081.HK) announced that in April 2025, the Zhonghai Hongyang series of companies achieved contract sales of 2.624 billion RMB and a contract sales area of 0.223 million square meters, representing year-on-year declines of 18.1% and 14.6% respectively. From January to April 2025, the cumulative contract sales amounted to 9.556 billion RMB and a contract sales area of 0.8214 million square meters, with year-on-year declines of 14.1% and 15.5% respectively. As of the end of April 2025, the cumulative subscription amount not yet signed was 0.586 billion RMB and the subscription area not yet signed was 52.

Gelonghui FinanceMay 9 17:13