China Galaxy Securities: Real estate monthly sales area year-on-year turns positive, the effects of policies are gradually emerging.

China Galaxy Securities released a Research Report stating that the cumulative sales area and sales amount from January to November 2024 have both narrowed in decline compared to the previous month, with a positive year-on-year growth in sales area for the month of November.

Zhitong FinanceDec 18 08:10

The Central Finger Research: In December, the SSE Conglomerates Index for property service prices in twenty cities slightly declined, with Wuhan experiencing the largest decrease.

In December 2024, the Property Service price SSE Conglomerates Index for twenty cities was 1075.37, a year-on-year decrease of 0.01% and a month-on-month decrease of 0.03%, with both year-on-year and month-on-month figures shifting from an increase to a decrease.

Zhitong FinanceDec 17 19:29

[Brokerage Focus] SWHY expects the Real Estate Industry to bottom out and maintains a 'Bullish' rating on Real Estate and property management.

Gold Eagle Financial News | SWHY stated that over the past three years, China's Real Estate sector has undergone deep adjustments, and the effects of relaxed policies during this period have been limited. The bank believes that the core issue lies not in insufficient demand, but in the weakening of residents' balance sheets. The statements in September to 'stop the decline and stabilize' and in December to 'stabilize the Real Estate and stock markets' clarified the policy approach to repairing residents' balance sheets, demonstrating stronger policy effectiveness than before. The policy has entered a more targeted trajectory, and it is expected that more proactive and substantial policies will be introduced subsequently, with the Industry likely to reach a bottom. Considering that mid-term demand has support but short-term supply has constraints, the bank forecasts that the total will still be skewed next year.

Jingwu Financial NewsDec 17 15:51 · Ratings

The research institute found that the disclosure rate of the ESG reports of listed Property Service companies reached 95.65% overall.

The Zhongzhi Research Institute has released the 2024 ESG evaluation research report for listed Property Service companies in China.

Zhitong FinanceDec 16 19:20

The Ministry of Commerce and six other departments jointly issued the "Implementation Plan for the Innovation and Enhancement Project of the Retail Trade."

The National Ministry of Commerce and seven other departments jointly issued the "Implementation Plan for the Innovation and Improvement Project in the Retail Trade." The plan deploys tasks in five areas. It promotes scene transformation, encourages integrated business, innovates fashionable business, advocates curated business, cultivates themed business, and enhances community business. It promotes quality supply, focuses on consumers, operates with integrity, prioritizes quality, and provides excellent service to optimize commodity and service experiences. It promotes digital empowerment, drives the deep integration of physical retail with the digital economy, forms new productive forces, enhances efficiency, and makes consumption more convenient. It promotes diversified innovation, encourages the integration of business types, and aims for "large and strong" or "small...

AASTOCKSDec 16 08:56

Quick look at the Hong Kong market | The Hong Kong stock market continues to decline in the afternoon, with all three major indices falling over 2%; The drops in the tech, Autos, and Mainland Real Estate sectors have widened, with SUNAC down over 8%, Xpen

Network Technology stocks fell, MEITUAN-W dropped 3.73%, NTES-S fell 2.90%; most Alcoholic Beverages stocks declined, GRACEWINE dropped 9.36%, TIBET WATER rose 7.69%; most semiconductor stocks declined, SHEEN TAI rose 5.82%, HG SEMI fell 5.00%;

Futu NewsDec 13 16:24