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

midea real est officially completed the restructuring

GeLonghui October 22nd | Midea Real Est announced on the evening of October 22nd that it has completed cash payment to shareholders who choose cash alternative, distributed private company stock certificates, made corresponding changes in private company board of directors to meet the requirements of corporate governance norms of listed companies. With this, Midea Real Est has formally completed the restructuring. On the same day, to comply with the listed company's "Enterprise Governance Rules," the company changed some members of the board of directors and adjusted the functions of the directors. Renamed Ren Lingyan as a non-executive director, Wang Quanhui resigned as an executive director of the company due to job adjustments and devoted more time to the group's business operations.

Gelonghui FinanceOct 22 18:11

MIDEA REAL EST: COMPLETION OF THE PROPOSED DISTRIBUTION AND THE POSSIBLE DISPOSAL

HKEXOct 22 17:32 · Announcements