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Express News | Shenzhen has cancelled the standards for ordinary housing and non-ordinary housing.
Daily real estate industry dynamics summary (2024-11-19)
The Beijing Municipal Housing and Urban-Rural Development Commission, the Municipal Finance Bureau, and the Beijing Municipal Taxation Bureau jointly issued the "Notice on Cancelling the Standards for Ordinary Housing" (hereinafter referred to as the "Notice").
Hong Kong stock concept tracking | Guangzhou will acquire existing commodities under 90 square meters city-wide as indemnificatory apartments. The collection of existing commodities is accelerating (with related concept stocks attached).
Guangzhou Anju Group announced on November 18 that it will acquire existing commodities of 90 square meters or less throughout the city as indemnificatory apartments. Developers interested in participating can register from November 18 to December 18.
"Dah Sing" Jian Silver International: Significant improvement in residential data, first recommending China Overseas (00688.HK), Longfor Properties (00960.HK), and Greentown (03900.HK).
Jianyin International released a report indicating that, according to the National Bureau of Statistics, the real estate market in China showed significant improvement in October, narrowing from a year-on-year decline of 16.3% in September to 1% in October, thanks to the strong policy support introduced in September and October.
Market Update | Most mainland real estate stocks rose, radiance hldgs surged by 27%, first-tier cities announced the cancellation of the non-standard residential classification.
Mainland real estate stocks mostly rose, as of the time of publication, Radiance Holdings rose 27%, R&F Properties rose 5.29%, Sunac rose 2.97%, and Greentown China rose 2.25%.
Brokerage Morning Meeting Highlights: The historical bottom of real estate stock valuation may have been established.
At today's brokerage morning meeting, China Securities Co.,Ltd. proposed supply-side optimization, suggesting to focus on industries such as steel, photovoltaic, cement, coal, and rare earths; htsc stated that domestic sales of household appliances are improving with stable exports, focusing on two major themes for the year 2025; China International Capital Corporation believes that the historical bottom of real estate stock valuation may have been established.
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