No Data
No Data
C&D International Investment Group's Step-Down Unit to Renew Project Management Services Agreements
Mainland real estate stocks all down, yuexiu property (00123) fell by 3.33%, sales growth of top 100 real estate companies declined.
King Wus Finance News | Mainland real estate stocks all declined, yuexiu property (00123) fell by 3.33%, c&d intl group (01908) fell by 3.03%, longfor group (00960) fell by 2.89%, shimao group (00813) fell by 2.54%, china overseas (00688) fell by 2.33%. China Post Securities issued a report, according to data from CREIS, the top 100 real estate companies in November achieved a sales turnover of 363.35 billion yuan, a month-on-month decrease of -16.6%, but still an increase of 44.3% compared to September; a year-on-year decrease of -6.9%, with a lower month-on-month performance decline than the same period in previous years. Today
Investment rating and target price for mainland real estate stocks by Bank of America Securities (Table)
Bank of America Securities has published a research report, listing the investment ratings and target prices of mainland real estate as follows:Stock | Investment Rating | Target Price (HKD)c&d intl group (01908.HK) | Buy | HK$16.5 -> HK$17.5china vanke (02202.HK) | Underperform | HK$4.5 -> HK$6china overseas (00688.HK) | Buy | HK$17 -> HK$18china res land (01109.HK) | Buy | HK$37 -> HK$35longfor group (00960.HK)
According to Fitch, the sales value of new housing in mainland China is expected to decline by 15% next year.
Fitch Ratings report indicates that mainland real estate developers are expected to continue facing challenges in 2025, with predicted decline in the value of new building sales by 15% to around 7.3 trillion yuan, mainly due to a 10% decrease in sales area and a 5% decrease in average selling price. In addition, the bank also expects that the long-term average annual demand for new residences from 2024 to 2040 will reach a building area of 0.8 billion square meters, with private residential supply reaching 0.6 billion square meters each year. Cities with good economic prospects and relaxed purchase restrictions may perform better.
Ping An Securities: Typical suburban areas have accumulated inventory and a longer de-stocking cycle, expecting a lag in price stabilization compared to the improvements in core areas and good products.
The real estate industry's "bottoming out and stabilizing" path will follow the logic of "good products - core areas in first and second-tier cities - national economic stabilization - national real estate market stabilization - investment stabilization ", with low-tier regions (suburbs of second-tier cities and third to fourth-tier cities) facing challenges due to high inventory, the bottoming out process will be relatively delayed.
Express News | The list of the top 100 companies in Xiamen for 2024 has been released.