MIDEA REAL EST (03990): The controlling shareholder acquires a total of 30 million shares from selected participants.

MIDEA REAL EST (03990) released an announcement stating that the company was informed by its controlling shareholders (Mr. He Xiangjian and Ms. Lu Deyan) that they...

Zhitong FinanceDec 19 18:12

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

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.

AASTOCKSNov 25 12:06

Policy + fundamentals "ignite"! Hong Kong A-share property stocks collectively "excited", how to go in the future?

The market is experiencing positive changes.

Gelonghui FinanceNov 18 12:58

Hong Kong stocks movements | Mainland real estate stocks generally opened higher with multiple tax incentives for housing trade released to help stabilize the real estate market.

Mainland real estate stocks generally opened higher, as of the time of publication, R&F Properties (02777) rose 10% to HK$1.98; Sunac (01918) rose 5.63% to HK$3; Shimao Group (00813) rose 5.38% to HK$1.37.

Zhitong FinanceNov 14 09:23

Midea Real Estate Separates Property Development and Sales Business

MT NewswiresOct 22 20:00