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The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | Central Economic Work Conference: Continuing efforts to stabilize the real estate market and halt the decline.
After 14 years, returning to "moderately loose" monetary policy invigorates Assets in China! How to layout next?
On December 9, the Political Bureau of the Central Committee of the Communist Party of China held a meeting. The meeting emphasized the importance of economic work for next year and clearly proposed to 'stabilize the real estate and stock markets', 'implement a more proactive fiscal policy and moderately accommodative monetary policy', 'strengthen extraordinary counter-cyclical adjustments', and 'effectively combine policies'.
According to the China Index Academy, the average second-hand Residence price in 100 cities fell by 0.57% month-on-month in November, with Shenzhen and Chengdu's housing prices rebounding first.
The Finger Research Institute released the second-hand housing price map for the top ten cities in November 2024, showing that in November, the average price of second-hand Residences in 100 cities dropped by 0.57% month-on-month, with a decrease that was 0.03 percentage points less than the previous month. The second-hand housing market in first-tier cities showed active performance, with the average price of second-hand Residences in the top ten cities falling by 0.17%, a decline that was 0.16 percentage points less than the previous month.
Vanke Hong Kong expects the price fluctuations of Hong Kong properties next year to be between 5% and 8%.
Vanke Hong Kong's Managing Director, Zhou Mingxi, stated a positive outlook for Hong Kong's property market next year, expecting property price fluctuations to be between 5% and 8%. It is believed that recent government policies and local Banks' interest rate cuts will release market purchasing power, attracting buyers and investors. Vanke Hong Kong indicated that next year the company's focus will be on the Tai Po Ma Wo Road project, which will provide 1,650 residence units, primarily featuring one-bedroom and two-bedroom options. The project will be launched in three phases, with the first two phases involving a total of 1,080 units expected to be launched in the first half of next year. Additionally, the company also plans to launch the Sha Tin Hin Wo Lane collaboration project and the Ngau Tau Kok redevelopment project, hoping to meet the market demand for small to medium-sized units.
Express News | Wanwuyun Zhu Baoquan: The 2.5 yuan property fee is the watershed for Vanke Property.