The effectiveness of refinancing for affordable housing in the mainland has become evident, with over 10 cities purchasing existing housing projects.

According to a report by the Securities Times, since the national meeting on securing housing deliveries on May 17, relevant departments and local authorities have closely collaborated to expedite the acquisition of existing Commodities for use as affordable housing, achieving some phased results. It has been learned that recently, more than ten cities have successfully initiated projects for purchasing existing housing, raising over ten thousand units of affordable housing. The national meeting on securing housing deliveries clarified that in cities with high inventory of Commodities, the government may "purchase based on demand" at reasonable prices for some Commodities to be used as affordable housing. Local departments actively promote policy implementation, and relevant authorities have established purchase task forces under the urban real estate financing coordination mechanism to advance the.

AASTOCKSDec 19 08:47

Citigroup: The policies supporting the real estate market in mainland China are developing in the right direction, but it will take time.

Citibank published a research report stating that China recently held a Central Economic Work Conference, where the central government continued to promote the stabilization of the domestic housing market; increased efforts in urban renewal; fully released housing/upgrading demand; controlled land supply, revitalized existing land or non-residential properties; established new development models, among other policies. Citibank mentioned that the valuation of the domestic real estate Sector seems to be supported by several fundamental Bullish factors, believing that the mainland's supportive housing policies are developing in the right direction, but time is needed. Industry favorites include KE Holdings (BEKE.US), CHINA RES LAND (01109.HK), and Greentown (03900.HK). Shares |

AASTOCKSDec 16 11:15

In "The Big Action", China International Capital Corporation suggests that investment opportunities in domestic real estate should comprehensively consider land reserve quality, the stability of short-term Operating trends, and valuation levels.

CICC released a research report indicating that the Central Economic Work Conference reiterated the need to stabilize the real estate and stock markets, proposing to continuously push for the stabilization of the real estate market, enhance the implementation of urban village and old housing renovation, fully release the rigid and improvement housing demand potential, reasonably control the supply of new real estate land, revitalize existing land and commercial properties, and advance the disposal of existing Commodity housing work. Looking ahead, CICC expects that the long-term goal of the authorities is to promote the establishment of a new model for real estate development and orderly build relevant foundational systems. Currently, the market is still in a 'pulse response' state following the issuance of policies, and the measures proposed at the conference are expected to moderately boost demand in the real estate market.

AASTOCKSDec 13 11:46

CIFI Holdings (Group) Records 1.08 Billion Yuan in Attributable Contracted Sales for November Sales

MT NewswiresDec 10 17:37

Honk Kong Market Overview | All three major indices fell, with the Technology Index down over 1%; domestic property stocks and China-Affiliated Brokerage stocks declined, with SenseTime leading the decline in Network Technology stocks, down over 13%; Mao

Network technology stocks generally fell, SenseTime-W dropped 13.51%, Kuaishou-W fell 2.68%; most apple supplier stocks declined, Cowell fell 5.59%, BYD Electronics dropped 3.73%; most biotechnology stocks decreased, Jingtai Holdings-P fell 7.68%, beigene dropped 5.68%;

Futu NewsDec 10 16:26

In November, the contract sales of Xuhui Holdings (00884.HK) fell by 41% year-on-year.

Xuhui Holdings (00884.HK) announced that in November, the contracted sales amount was approximately 2.27 billion yuan (RMB), a year-on-year decrease of 40.7%. The contracted sales area was about 204,300 square meters, with an average contracted sale price of about 11,500 yuan per square meter, and the shareholder equity attributable to contracted sales amounting to approximately 1.08 billion yuan. From January to November, the group recorded a cumulative contracted sales amount of about 31.28 billion yuan, a year-on-year decrease of 51.6%, with a contracted sales area of approximately 2.5841 million square meters, an average contracted sale price of about 12,600 yuan per square meter, and shareholder equity attributable to contracted sales of approximately 1.

AASTOCKSDec 10 12:09